USDJPY: Not enough momentum for rally.

FX:USDJPY   U.S. Dollar / Japanese Yen
119 0 4
This week, we have two important central banks: BOJ and FED.

We knew that BOJ officially used negative interest rate last meeting to boost economy and spending, so I don't expect any measure in this BOJ meeting. It's likely is a non-event.

While I choose neutral stance and no rate hike decision in FED Meeting. It means negative view for Dollar.

Combine two events, I see a good chance to SELL USDJPY             next week.

I see there is no good reason for stock to be higher. No fuel and catalyst to lift up Stock market; hence, I see no need to buy USDJPY             .

Look at on the chart, USDJPY             is holding 113.50 handle as a key resistance level ; while 111 is a the support USDJPY             chose.

I think USDJPY             will down to near 111 floor this week.
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