The United States and Japan: the low position is slowly sorted out and moved up

Fundamental analysis:

The dollar remained volatile around 136.617 against the yen. The Japanese government plans to reduce its economic growth forecast for fiscal 2022 to about 2% from 3.2% in January, taking into account the increased global economic uncertainty caused by factors such as the conflict between Russia and Ukraine and the COVID-19 control measures. The Japanese government is also worried about the slowdown in consumption caused by rising prices and the resurgence of the COVID-19.

USD JPY - 4-hour K-line chart shows:

Technical analysis:

Looking at the 4-hour chart: the short power fluctuated rapidly and fell. After the low position was supported, the long power fluctuated and rose. In the short term, you have signs of waiting for the opportunity to enter. The MACD index is in the short area to maintain the consolidation and translation, and the RSI index is hovering below the 50 equilibrium line;

Multi empty turning point: 136.503

Pressing position: 136.946, 137.325

Support position: 136.180, 135.836

Trading strategy: bullish above 136.503, target 136.946, 137.325

Alternative strategy: bearish below 136.503, target 136.180, 135.836