Tomorrow morning (check local time) Kuroda is scheduled to speak.
My longer term analysis suggests that the move in USDJPY has just begun but it doesn't mean there can't be a pullback before the next wave.
104 is the key zone to focus on this week.
A breakout will lead to extended rally towards 108.
A decline can trigger the two reversal patterns ( and Outside Bar) and lead USDJPY back to 102 and maybe even 100 again.
This analysis is part of this week's newsletters - The Weekly Markets Analysis - Check out more trading ideas for stocks and Forex here - http://goo.gl/5f5NyX
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