Trader_Landry

BOJ intervention ?

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FX:USDJPY   米ドル/円
The USDJPY pair dropped very hard today due to rumors of a possible hike from the bank of Japan. In my opinion, the hike is not for now and this movement might just have been big players taking profits at the 150 Yen Level as many institutions had their target at this level. The trend remains bullish until new fundamentals come out... Price might be interesting at the moment if you beleive in the trend.
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