
USDJPY H4
For my money the base is place and see downside limited to 91.75 and think 92.25 should find reasonable support.
I suspect a run through of 92.75 will get the bulls further on board for 93 plus.
The risk to the downside is that now that the BOJ announcement is done we have a short ‘sell the fact’ reaction in europe, but my money is the other way.