USDJPY breaks lower on reports of a BOJ discussing raising rates to 0.25% ...Middle East

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USDJPY breaks lower on reports of a BOJ discussing raising rates to 0.25%
oEaelier today, the USDJPY moved up to test the 200 hour moving average at 155.191, and found willing sellers. The price in the early New York session moved back below a swing area between 154.52 and 154.878, and has now gotten another push lower on reports that the BOJ board members are to discuss raising rates to 0.25%. The BOJ will announce their rate decision in the new trading day in Japan. The price of the USDJPY moved down to test the 100-hour moving average at 153.779, and has found support buyers against the level (low reached 153.81). The current price trades at 154.15. WIth the 200-hour moving average (green line on the chart) holding resistance above, and the 100-day moving av

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