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USDJPY PREDICTION BY GIRISH TANWAR

Oleh GirishKumarTanwar
As the BOJ is silent on monetary policy, the pair is still in green. Though upside is limited as it is already in all time high zone. Inflation data in Japan may make the policy makers think to bring the negative rate to neutral and in positive digits. So in my opinion the pair is going towards its recent demand zone that is 127 level and after breaking that it will go southwards in 116-120 consolidation range.
Chart PatternscurrencyFundamental AnalysisjpyTrend AnalysisUSDUSDJPY
GirishKumarTanwar

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