EUR/USD Rallies Post US CPI While USD/JPY Takes Hit

<p><img width="612" height="473" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-usd102.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-usd102.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-usd102-600×464.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/07/f-usd102-543×420.jpg 543w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EUR/USD started a fresh increase above the 1.0775 resistance. USD/JPY is declining and showing bearish signs below the 151.00 level. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro is rising and trading well above the 1.0835 resistance zone. There is a key bullish trend line forming with support near 1.0775 on the hourly [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527482-eur-usd-rallies-post-us-cpi-while-usd-jpy-takes-hit/">EUR/USD Rallies Post US CPI While USD/JPY Takes Hit</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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