Usdjpy: a short drop

Fundamental analysis:

The US dollar maintained a shock around 132.030 against the yen. Due to the rise in inflation, Japan's substantive salary in November decreased by 3.8%, the fastest speed reduction in more than eight years, and the nominal salary rose for the 11th consecutive month, but the increase has slowed. Slow salary recovery is still a problem that Japan needs to solve it, because the rising cost of living hurts the family and drags the consumption expenditure of the third largest economy in the world.

US dollar yen usdjpy — 4 hours K -line diagram display:

Technical analysis:

Look at the 4 -hour chart: The high position of the short power fell rapidly, the short -term decline may continue, the market short emotions are shrouded, the MACD indicators are on the side of the 0 axis, and the RSI indicators are in a weak sorting near 50 equilibrium lines;

Multi -time turning point: 132.295

Suppression: 132.766, 133.282

Support: 131.552, 131.127

Trading strategy: 132.295 to see the bullish, target 132.766, 133.282

Alternative strategy: Shisting below 132.295, target 131.552, 131.127