USD/JPY(20250514)Today's Analysis

111
Market news:
The U.S. unadjusted CPI annual rate unexpectedly dropped to 2.3% in April, the lowest since February 2021.

Technical analysis:
Today's buying and selling boundaries:
147.76

Support and resistance levels:
148.83
148.43
148.17
147.34
147.08
146.68

Trading strategy:
If the price breaks through 147.76, consider buying, the first target price is 148.17
If the price breaks through 147.34, consider selling, the first target price is 147.08

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