FOMC and BOJ to steer Yen in either direction!
Updated
Looking at the pair very closely, it seems to me we have a beautiful wickoff distribution on 4 hour chart, the pair broke through the resistance, tried to stay up and fell back down into the supply range, should the range break again, I believe it will be the next trend setter for the next couple of weeks, so pay close attention!
Note
We have breakout and retest of the breakout. Personally I think it's a fakeout and there will be a huge sell off tomorrow when BOJ comes out with the fact that they will be changing the monatery policy soon.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.