Updates: Bank of Japan meeting's of monetary policy!!!
For tomorrow, at 2 a.m. in the New York Time, Japan have a meeting by the Japan Central Bank to know the Japan's monetary policy. It's important to know how is the situation based in the interest rates in the Japan. I believe that this par could to produce a sell-off of US Dollar, maybe, I did open up the short position of the par because we hope a good news of Bank of Japan about their interest rate.
Now, don't recall that US Dollar is gains momentum, but as tomorrow I am to the specualte news and alert of the Bank of Japan at 2 a.m. in the New York Time.
In Daily timeframe we appear in formation of simetric triangle.
I expect a little sell of US Dollar before to continue up!!!
And in H1 timeframe, we are into this bearish risign wedge, as we are into this bearish rising wedge, we expect another confirmation in the $104.42 JPY as possible entry in longs position in this support line htat form a simetric triangle to buy it.
So guys, in summary, I'm trade with economic news about the interest rate meeting that make Bank of Japan's today!!!
Now, don't recall that US Dollar is gains momentum, but as tomorrow I am to the specualte news and alert of the Bank of Japan at 2 a.m. in the New York Time.
In Daily timeframe we appear in formation of simetric triangle.
I expect a little sell of US Dollar before to continue up!!!
And in H1 timeframe, we are into this bearish risign wedge, as we are into this bearish rising wedge, we expect another confirmation in the $104.42 JPY as possible entry in longs position in this support line htat form a simetric triangle to buy it.
So guys, in summary, I'm trade with economic news about the interest rate meeting that make Bank of Japan's today!!!