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USD/JPY has attracted significant buying pressure and surged past a significant figure to test the level of 143.75 after the Bank of Japan (BoJ) maintained its policy settings and provided unchanged monetary policy guidance, causing disappointment among the hawks.
The expected upward momentum is likely to continue, and we will prioritize Buy orders. The price target could further develop towards the resistance level of 145.xx and retest the EMA 89 line.
USD/JPY has attracted significant buying pressure and surged past a significant figure to test the level of 143.75 after the Bank of Japan (BoJ) maintained its policy settings and provided unchanged monetary policy guidance, causing disappointment among the hawks.
The expected upward momentum is likely to continue, and we will prioritize Buy orders. The price target could further develop towards the resistance level of 145.xx and retest the EMA 89 line.
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The price is moving exactly as analyzed, falling again
