• USD/JPY saw a modest dip on Friday, with the decline constrained as investors looked ahead to the upcoming U.S. PCE data for clearer direction.
• The release of the U.S. core personal consumption expenditures (PCE) price index, the Fed's preferred measure of inflation, as well as a reading on euro zone inflation take centre stage later on Friday.
•At GMT 07:55, the pair was trading down 0.04 percent at 144.92 after reaching daily high at 145.20
• Technical signals are bearish as RSI is heading down at 33, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 145.64 (Daily high), any close above will push the pair towards 146.76 (38.2%fib).
• Support is seen at 143.80 (23.6%fib) and break below could take the pair towards 143.10 (Lower BB).
Recommendation: Be on sidelines


Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 



