So,
will BoJ following the FED? For the technical analysis today is USD/JPY is in a falling channel at it's D1 chart. But, stochastic has yet to reach the overbought zone, which means that dollar bulls aren't done with their rallies just yet. If you plan to play this long-term falling range, make sure you wait for stochastic to turn and point downwards. And good things come to those who wait...
:)
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