AnalysisForexCPI REPORT BOOSTS US DOLLAR A NOTCH HIGHER.

CPI REPORT BOOSTS US DOLLAR A NOTCH HIGHER.

CPI Actual 304.3, previous 303.8
The inflation rate of the year Actual 3.2%, the previous 3%
Initial Jobless Claim Actual 248k, previous 227k
Continuing jobless claim Actual 1684k, previous 1692k.

USDJPY PAIR, is on a steady uptrend, retesting the 144.900 resistance level.
CPI has bolstered USD and it may see usdjpy break the 144.900 resistance level, if it breaks with 2 momentum candle sticks 4-hour timeframe then it will be a strong buy and all other currencies paired with USD will sink. But this analysis will be established after the UK report at 9 am.

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MORRIS-JACOB-WAWERU-GITHUKU65
MORRIS-JACOB-WAWERU-GITHUKU65
I have 3 years of experience in forex and crypto trading, having worked with Moneta markets forex broker, BITMARKET cryptocurrency broker and currently working with HFM as an introducing broker. Day trading sits well with me since I find it more lucrative and obeys my trading strategy. I trade during the London and New York sessions pair USDJPY, EURUSD, and AUDUSD. linkedin.com/in/morris-jacob-90911817a
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