🔥USDJPY might bounce soon!

The price is consolidating above the support level in the H1 timeframe. According to the Fibonacci Retracement, we might see a bounce toward the 130.14 and 130.45, 50.0, and 61.8 Fibonacci levels, respectively.

❌SL: Below the support area

Be accurate! The US PPI will be announced in less than an hour!