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Forex

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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