Japanese Yen Technical Outlook: USD/JPY Poised for Breakout Ahead of Fed, BOJ
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.
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Key USD/JPY Economic Data Releases
Economic Calendar - latest economic developments and upcoming event risk.
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--- Written by Michael Boutros, Senior Technical Strategist
Follow Michael on Twitter @MBForex
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