USDJPY defines the technical levels in play after up and down volatility on US CPI.

The USDJPY rallied ahead of the US CPI release but stalled after reaching the 50% retracement of the decline from the May high. Once the weaker-than-expected CPI data was released, sellers took control, pushing the pair sharply lower. https://www.forexlive.com/technical-analysis/usdjpy-defines-the-technical-levels-in-play-after-up-and-down-volatility-on-us-cpi-20250611