appears heavy going into the BOJ rate decision. Pair is consolidating between channel resistance and a rising minor trend-line. Resistance is a zone stretching from 102.25 and 103.35 where sellers are likely to fade spikes. We expect significant buying interest in the 100.60 - 99.60 support zone
. We are not looking for a break in either direction, but BOJ days are notoriously volatile and anything is possible.