Overall, USD/JPY is ranging across.
The BoJ Core CPI y/y data (Actual: 0.8%, Forecast: 1.1%, Previous: 0.9%) released yesterday indicated a slowdown in annual inflation.
Japanese banks will be closed today in observance of Emperor’s Birthday. Expect lower trading volatility and volume during the usual Japanese market hours.
Currently, USD/JPY is testing to break above the key level of 115. Its next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term buying opportunities of USD/JPY if it breaks above the key level of 115.
The BoJ Core CPI y/y data (Actual: 0.8%, Forecast: 1.1%, Previous: 0.9%) released yesterday indicated a slowdown in annual inflation.
Japanese banks will be closed today in observance of Emperor’s Birthday. Expect lower trading volatility and volume during the usual Japanese market hours.
Currently, USD/JPY is testing to break above the key level of 115. Its next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term buying opportunities of USD/JPY if it breaks above the key level of 115.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.