USD/JPY Outlook (22 June 2021)
ByJin Dao Tai
JUN 22, 2021
Overall, USD/JPY is trending upwards.
The Bank of Japan Core CPI y/y data (Forecast: 0.0%, Previous: -0.1%) will be released later at 1300 (GMT+8).
The Bank of Japan will be releasing the minutes for the previous monetary policy meeting tomorrow at 0750 (GMT+8).
The Japanese Flash Manufacturing PMI data (Forecast: 53.2, Previous: 53.0 revised 52.5) will be released tomorrow at 0830 (GMT+8).
USD/JPY’s next support zone is at 108.500 and the next resistance zone is at 110.800.
Look for short-term buying opportunities of USD/JPY.
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