Overall, USD/JPY is trending downwards.
The Japanese Flash Manufacturing PMI data (Actual: 54.6, Forecast: 55.0, Previous: 54.3 revised from 54.2) released yesterday indicated a slight slowdown in the manufacturing sector this month.
The Bank of Japan Core CPI y/y data (Forecast: 0.7%, Previous: 0.8%) will be released later at 1300 (GMT+8).
Currently, USD/JPY is trading towards the resistance zone of 114.200 and its next support zone is at 112.800.
Look for short-term selling opportunities of USD/JPY if it bounces off the resistance zone of 114.200.
The Japanese Flash Manufacturing PMI data (Actual: 54.6, Forecast: 55.0, Previous: 54.3 revised from 54.2) released yesterday indicated a slight slowdown in the manufacturing sector this month.
The Bank of Japan Core CPI y/y data (Forecast: 0.7%, Previous: 0.8%) will be released later at 1300 (GMT+8).
Currently, USD/JPY is trading towards the resistance zone of 114.200 and its next support zone is at 112.800.
Look for short-term selling opportunities of USD/JPY if it bounces off the resistance zone of 114.200.
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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.