Sforex

USDJPY: We have no chance to BUY after BOJ Meeting. SHORT.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
5
Last week, after BOJ Meeting, I see the chance to BUY USDJPY is nearly zero.

My view shifts from BUY to SHORT.

Technical Analysis supports my view.

USDJPY bounced from the resistance at 121.50 I draw on the chart and hold below SMA200

I will SHORT USDJPY to 119 level.

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