There’s not stopping dollar yen at the moment as we break 113 and run some stops to 113.18. There were some big fib levels at 111.62 and 112.39 but they’ve stood for nothing on the BOJ surprise move.
USD/JPY Monthly chart 03 11 2014
The 2002 fib (white) is done as we’ve passed the 61.8 level and the last biggie is the 61.8 fib of the 1998 hi/lo at 120.13. The 120 level is going to be another big psychological level in itself.
