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USDJPY Remains At The Back Foot Post-BOJ, Probe Into Falling Daily Cloud Was Capped By ...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pair traded in a wide range after BOJ’s announcement, initially dipping to fresh low at 100.98 and spiking to 102.77, but unable to sustain gains. Subsequent quick easing shaped post-BOJ trading in a long-legged Doji candle that signals strong indecision, despite support from BOJ announcement. The price returned to[​IMG]

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