USDJPY June 27, 2018 Weekly Analysis

Wednesday, 27/06/2018 | 12:32 GMT

Disclaimer

The Bank of Japan will maintain its Quantitative Easing while controlling the yield curve following the BOJ Deputy Governor's comment that "We are very far off from the exit". The pair remains above the 108.20 level (May Low) assuming that the uptrend has prevailed. The next resistance is coming at the 110.71 and the 111.40. In contrast, if the price falls below the 108.20 and the 107.90 then further support will come at the 105.60 zone and eventually at 104.60 (March Low).

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Source: https://www.exclusivecapital.com/usdjpy-june-27-2018-weekly-analysis/

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