USDJPY LONG SETUP BEWARE BOJ INTERVENTION!
Updated
Looking long entry (around above 108.000), target 1) 111.900, target 2) open.
Japanese Finance Minister Taro Aso said yesterday "This is not something that will restrain our response on currencies. We are clearly seeing one-sided speculative moves and are extremely concerned. We will continue intently watching currency market trend so that speculative market movement does not persist, and will act as needed".
26-27 May 2016: G7 Japan (Ise-Shima G7 Summit) 15-16 June 2016: The BoJ Next Meeting (BoJ Rate, Annual Rise in Monetary Base)
This is for my trade journal only feel free to comment.
Japanese Finance Minister Taro Aso said yesterday "This is not something that will restrain our response on currencies. We are clearly seeing one-sided speculative moves and are extremely concerned. We will continue intently watching currency market trend so that speculative market movement does not persist, and will act as needed".
26-27 May 2016: G7 Japan (Ise-Shima G7 Summit) 15-16 June 2016: The BoJ Next Meeting (BoJ Rate, Annual Rise in Monetary Base)
This is for my trade journal only feel free to comment.
Note
Note
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