FxWirePro: Japanese yen rises remarkably after BOJ’s policy rate decision, hits highest level since early January
Thursday, June 20, 2019 3:11 AM UTC
- USD/JPY is currently trading around 107.60 marks.
- It made intraday high at 108.14 and low at 107.55 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 108.15 marks.
- A daily close above 108.15 will take the parity higher towards key resistances around 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
- On the other side, a sustained close below 108.00 will drag the parity down towards key supports around 107.55, 105.25 and 104.00 levels respectively.
- Japan 20 June BOJ rate decision stays flat at -0.1 % (forecast -0.1 %) vs previous -0.1 %.