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Trading volatility USD/JPY around BoJ rates

From youtube.com/igcom

In one of the final interest rate decisions of the year, the Bank of Japan (BoJ) could be an event that may provide some volatility for traders. IGTV’s Jeremy Naylor looks at USD/JPY where we are being held near 76.4% Fibonacci support. If there’s a candle close below 140.57 then this would open up a short trade down to 137.

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  • Category: Technical Analysis