FxWirePro: Japanese yen trades almost flat against major peers ahead of BOJ’s policy rate decision
USD/JPY is currently trading around 113.34 marks. It made intraday high at 113.54 and low at 113.15 levels. Intraday bias remains neutral till the time pair holds key support at 113.00 marks. A daily close above 113.37 w…
It made intraday high at 113.54 and low at 113.15 levels.
Intraday bias remains neutral till the time pair holds key support at 113.00 marks.
A daily close above 113.37 will take the parity higher towards key resistances around 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 113.37 will drag the parity down towards key supports around 112.74, 111.91, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
The BOJ will release its latest policy views in some time.
