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TradeXMBL

FOMC and BOJ to steer Yen in either direction!

U.S. Dollar / Japanese Yen (FX:USDJPY)  
TradeXMBL Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Fundamental Analysis
3
0
fundamental
Looking at the pair very closely, it seems to me we have a beautiful wickoff distribution on 4 hour chart, the pair broke through the resistance, tried to stay up and fell back down into the supply range, should the range break again, I believe it will be the next trend setter for the next couple of weeks, so pay close attention!
Comment:
We have breakout and retest of the breakout. Personally I think it's a fakeout and there will be a huge sell off tomorrow when BOJ comes out with the fact that they will be changing the monatery policy soon.
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