USDJPY trend forecast January 24, 2025
The Bank of Japan (BoJ) is anticipated to increase the short-term interest rate from 0.25% to 0.50%—the highest level in 17 years—after concluding its two-day monetary policy meeting on Friday.
The Japanese Yen (JPY) is likely to experience significant volatility following the BoJ's policy announcement, as investors look for new signals regarding the central bank's future policy direction.
Japan's economic policy views are improving, JPY actively pushes USDJPY pair down
/// SELL USDJPY : zone 156.200 - 156.400
SL: 156.700
TP: 40 - 70 - 150pips ( 154.900 )
Safe and profitable trading