JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: GBP/AUD bears maintain upper hand 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro- Major Crypto levels and bias summary 
Chart - Courtesy Trading View
USD/JPY was trading 0.54% lower on the day at 143.71 at around 04:35 GMT.
US dollar surged on Tuesday after significant jump in US core CPI strengthened the odds of a third consecutive 75 bps rate hike by the Fed.
The pair is showing some weakness on the day, upside has been capped below the 145 mark, is testing 5-DMA support at 143.57.
Data released by the US Bureau of Labor Statistics on Tuesday showed the headline inflation rate at 8.3%, higher than the estimated figure of 8.1%.
Core CPI that excludes oil and food prices landed at 6.3% higher than the forecasts of 6.1% and the prior release of 5.9%.
Major focus now will be on the US Retail Sales data which is showing no improvement in the overall demand.
Technical bias is still bullish, but overbought indicators raise scope for some weakness. Retrace below 200H MA will drag the pair lower.
