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USD/JPY Signal - BoJ Governor Kuroda speech - 05 Nov 2018

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Signal details
Entry Price: 
113.20
Close Price: 
113.18
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 5 ratings

BoJ's Kuroda signals policy normalisation as Bank of Japan will scrutinize developments. USDJPY is close to recent resistance 113.20 that could push the pair lower in the near terms. A close above 113.30 might send USDJPY on the up-move supported by strong US monthly job report.

usdjpy signal 05 nov 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.