EURJPY Next Move Depends On The BOJ Rate Decision

Updated
EURJPY Next Move Depends on BOJ Intersed Rate Decision

From a Technical perspective EURJPY Has Completed Bullish Harmonic pattern However this time both Technical and fundamental perspectives need to align.

This week on Friday September 20 EURJPY Movements very largely depends on the bank of Japan BOJ Interest Rate Decision.

The market Inticipating a rate hike following recent BOJ moments .

If the BOJ Increases rate this week EURJPY May Continue downward.
If the BOJ Does not increase the rate we may see the Harmonic pattern push the price aggressively from it's current position.

you may find more details in the chart 📉

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