Japan National Consumer Price Index (YoY) came in at 2.5%, above forecasts (1.5%) in April

May 20, 2022

EUR/JPY Price Analysis: Rallies to the head-and-shoulders neckline, but the pattern stills in play

The EUR/JPY rallied towards the head-and-shoulders neckline but lacked the strength to break above it and recorded a daily close just shy of the above

Japan National Consumer Price Index (YoY) came in at 2.5%, above forecasts (1.5%) in April

EUR/JPY Price Analysis: Rallies to the head-and-shoulders neckline, but the pattern stills in play

Japan National CPI ex Food, Energy (YoY) registered at 0.8% above expectations (-0.9%) in April