USD/JPY
Kuroda confirmed that the BOJ is not ready to tighten measures and will maintain the current amount of monetary stimulus for at least another 6-8 months. The yen continues to ignore its fundamental factors and is actively used as a protective asset, so the current trend depends only on external circumstances. Medium-term trading interest implies a range of decline of at least 1.5-2 figures. For a reversal upwards, a confident breakdown of the strong protection zone 115.50-115.80 is required
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Kuroda confirmed that the BOJ is not ready to tighten measures and will maintain the current amount of monetary stimulus for at least another 6-8 months. The yen continues to ignore its fundamental factors and is actively used as a protective asset, so the current trend depends only on external circumstances. Medium-term trading interest implies a range of decline of at least 1.5-2 figures. For a reversal upwards, a confident breakdown of the strong protection zone 115.50-115.80 is required
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