USDJPY Following rejection from key resistance
Yen strength ahead of BoJ policy meeting this thursday in which an upwards revision to the BoJ's economic outlook is expected.
This will follow suit given the hawkishness that has recently started spreading in the central banking community.
Outlook on USDJPY is bearish to 110.15 level. Possible breakout to 2016 prices a highly probable scenario, should USDJPY fail to hold at 110.00 levels
This will follow suit given the hawkishness that has recently started spreading in the central banking community.
Outlook on USDJPY is bearish to 110.15 level. Possible breakout to 2016 prices a highly probable scenario, should USDJPY fail to hold at 110.00 levels