USDJPY - Trading in a local downtrend
Thus, the average salary compared to 2021 added only 1.8%, while last month, it increased by 2.1%, and analysts predicted a continuation of the positive trend to 2.0%. The Household Expenditure Index slowed to 1.1% in October from 1.8% a month earlier, which led to a decrease in the annual rate to 1.2% from 2.3% in the previous period, while the total income of employees in the form of wages increased by 1.8%, down from 2.2% a month earlier.
On the daily chart, the trading instrument is moving in a local downward corridor, and the technical indicators maintain a stable sell signal.
Support levels: 135.5, 131.4 | Resistance levels: 138.9, 142.2