USDJPY is chilly atm compare to right after the CPI data has just released.
And I'm preparing to hop in to the pump by BOJ meeting held on tomorrow.
Apparently, BOJ puts Mr.TAKADA as a Deputy member yesterday means BOJ moves to "HAWKISH" near future.
So the market expects some tightning policy decisions now.
But I dont think BOJ tightens monetary policy so quckly, And I am expecting that BOJ stays the easing policy.
And this decision pumps the USDJPY tomorrow.
-Technical note-
Pay attention to the latest pull back that I showed red circle which is 138.393
If 5mins hits higher than from now on, That is the sign of its about to jump↑↑
It almost moves like the arrows that I drew if it happened.
What you do is
WAIT RED ARROW!!
And I'm preparing to hop in to the pump by BOJ meeting held on tomorrow.
Apparently, BOJ puts Mr.TAKADA as a Deputy member yesterday means BOJ moves to "HAWKISH" near future.
So the market expects some tightning policy decisions now.
But I dont think BOJ tightens monetary policy so quckly, And I am expecting that BOJ stays the easing policy.
And this decision pumps the USDJPY tomorrow.
-Technical note-
Pay attention to the latest pull back that I showed red circle which is 138.393
If 5mins hits higher than from now on, That is the sign of its about to jump↑↑
It almost moves like the arrows that I drew if it happened.
What you do is
WAIT RED ARROW!!