GBP/JPY & EUR/JPY Trading Levels – BOJ Meeting Minutes In Focus
Arslan Butt • 1 min read
Good morning, fellas.
It looks like a good day to trade the Dollar designated pairs but most of the traders await the US inflation. In the meantime, we can expect a few good trades in the Japanese crosses as these are not influenced by the movement of the Dollar.
The Japanese Producer Price Index (PPI) for February came out at +2.5%, in line with the expectation of 2.5%. The Monetary Policy Meeting Minutes on Wednesday at 0:50 (GMT) will be worth watching. Check out the trading levels for the Japanese crosses below.
EUR/JPY – Major Trading Levels
Key Trading Level: 130.95
GBP/JPY – Major Trading Levels
Key Trading Level: 147.2