USD/JPY Outlook (20 January 2022)
Overall, USD/JPY is ranging across. Recently, USD/JPY traded into the support zone of 114.200.
The Japanese National Core CPI y/y data (Forecast: 0.6%, Previous: 0.5%) will be released tomorrow at 0730 (GMT+8).
The Bank of Japan will be releasing the minutes for the previous monetary policy meeting tomorrow at 0750 (GMT+8).
Currently, USD/JPY is testing the support zone of 114.200 and the next resistance zone is at 116.000.
Look for short-term buying opportunities of USD/JPY if it bounces off the support zone of 114.200.
The Japanese National Core CPI y/y data (Forecast: 0.6%, Previous: 0.5%) will be released tomorrow at 0730 (GMT+8).
The Bank of Japan will be releasing the minutes for the previous monetary policy meeting tomorrow at 0750 (GMT+8).
Currently, USD/JPY is testing the support zone of 114.200 and the next resistance zone is at 116.000.
Look for short-term buying opportunities of USD/JPY if it bounces off the support zone of 114.200.
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.