Overall, USD/JPY is ranging across. Recently, USD/JPY broke below the key level of 115.
The Japanese Flash Manufacturing PMI data (Actual: 52.9, Forecast: TBA, Previous: 55.4 revised from 54.6) released yesterday indicated a slowdown in the expansion of the manufacturing sector in January.
The BoJ Core CPI y/y data (Forecast: 1.1%, Previous: 0.9%) will be released later at 1300 (GMT+8).
Japanese banks will be closed tomorrow in observance of Emperor’s Birthday. Expect lower trading volatility and volume during the usual Japanese market hours.
USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term selling opportunities of USD/JPY.
The Japanese Flash Manufacturing PMI data (Actual: 52.9, Forecast: TBA, Previous: 55.4 revised from 54.6) released yesterday indicated a slowdown in the expansion of the manufacturing sector in January.
The BoJ Core CPI y/y data (Forecast: 1.1%, Previous: 0.9%) will be released later at 1300 (GMT+8).
Japanese banks will be closed tomorrow in observance of Emperor’s Birthday. Expect lower trading volatility and volume during the usual Japanese market hours.
USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term selling opportunities of USD/JPY.
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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.