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USD/JPY Signal - BoJ Governor Speech - 15 Apr 2021

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Signal Details
Entry Price: 
108.860
Take Profit: 
108.550
Stop Loss: 
109.200
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDJPY is pushing to the downside today prior to the BoJ Governor Kuroda's speech, which will likely give some insight into current and future BoJ policy. Technically the pair is trading below the significant 109.00 level and the resistance trendline, and we anticipate continued downside on the pair today!

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.