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S&P 5005,963+0.54%
NASDAQ21,443+0.87%
DOW43,892+0.31%
DAX23,888+0.44%
FTSE 1008,721-0.12%
EUR/USD1.1465+0.07%
GBP/USD1.3220+0.14%
USD/JPY161.31-0.03%
Gold3,241+0.22%
WTI Oil76.40+0.81%
Bitcoin103,241+1.43%
10Y UST4.47%-9bp
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2023 high for USD/JPY before BOJ meeting

MarketsFN Team

•1 min read
2023 high for USD/JPY before BOJ meeting

USD/JPY rallying 0.9% before Bank of Japan decision on yield curve control. The rate is trading at 141.32 and seems ready to test the 61.8% Fibonacci level of the October-January bearish wave in are 142.48.

Selling pressure should came back below 138.7.

#BoJ#Forex#USD/JPY

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