Japanese Yen Technical Outlook: USD/JPY Poised for Breakout Ahead of Fed, BOJ

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Japanese Yen Technical Outlook: USD/JPY Multi-Timeframe Analysis

Michael Boutros, FOREX.com Senior Market Analyst, examines the USD/JPY outlook ahead of the Federal Reserve and Bank of Japan rate decisions, highlighting the key technical levels, Treasury yield correlation and why a break above 164 could open the path toward 165. He also explains how market positioning, Fed expectations and BOJ policy could shape the next major move for the Japanese yen.

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

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Key USD/JPY Economic Data Releases

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--- Written by Michael Boutros, Senior Technical Strategist

Follow Michael on Twitter @MBForex

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