USD/JPY – Who can stop the bulls today and where?
After FEDs decision to end its QE3, BOJ last night shocked traders by increasing its already-massive Quantitative Easing program by another 30 trillion yen per year. USD/JPY fly today like a rocket and looks like there is no end!? I can’t remember such a daily gain on the USD/JPY of more then 300 pips. Who can stop this pair and where? 112.50 maybe!? How do you see this traders?