Wednesday, April 27, 2016

#BOJ Send #USDJPY Back Lower in Asia Session

Speculative trades throws-in the towel as BOJ opts out (for now) on adding further stimulus package sending a rapid decline with the USDJPY back towards the 108.74 low from the same rapid action marking a high @111.76. While late traders react on a pullback from early session lows. This is the first (1st) signal & a confirmation for a follow through is in the making. Of course, only when after the fact will the price and market call can be validated. 

Watching price action today heading towards Friday's closing week price levels. Follow us on our next topic in choosing the best Cross Rates

@TheCCYCorner by Megatrade101.com



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