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USDJPY has been bullish after touching the 105.36 figure in the middle of the month. The chart below shows the pair once again touching the top of the channel ahead of the next BOJ risk event.
The general expectation is not to hear about more easing at the meeting, instead look to Dec for further guidance.
The USD has also slowed in momentum across the board, and we may see a bit of a pullback close to highs 109.55-109.90
The general expectation is not to hear about more easing at the meeting, instead look to Dec for further guidance.
The USD has also slowed in momentum across the board, and we may see a bit of a pullback close to highs 109.55-109.90
