BoJ policy meeting saw no changes, the kept interest rate at -0.1% and maintained 80 trln yen base money target.
Notably the removed language from its statement that it will cut interest rates further into negative territory if judged necessary.
The Yen initially slipped but regained control and inched higher against the US dollar .
USD/JPY hit session lows at 113.22, slipping below cloud top support at 113.26, has pared some losses to currently trade at 113.35.
Momentum is lower, test of 113 and then 112.70 likely, markets focus on Kuroda’s presser for further direction.
Good to sell rallies around 113.40, SL: 113.75, TP: 113/112.70