The USD/JPY pair might rise in the next period, according to our technical analysis. The RSI remains in the bullish zone on the daily chart. The price might rise slower above 110.62 (Fibo 0.61). However, the price will continue to fall in the medium-long term, according to the weekly chart.
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The most important data of this week:
Japan GDP QoQ – (unchaged estimated); ( +0.4% previous)
YoY - (-0.1% estimated); ( +1.6% previous)
Japan CPI YoY - (+0.7% estimated ); (+1.1% previous)