USD/JPY, stop loss hunting or BOJ intervention?

mario urlic forex usd-jpy 17.03.

While I am writing this analysis I see that the pair is sharply rebounded from the 110.60/70 area, in this moments back to 111.60 in a matter of few minutes. We could say that the stop loss hunting mission is completed or the BOJ is realy intervened. Let’s see what will happen next?

One comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s