The pair has seen a significant jump to close out the month as the BOJ have announced further measures in easing.
Although the pair is quite overbought as the annoucement came as a surprise (expectation was for the annoucement to come in Dec). Any form of dips will be bought on the pair.
Levels
109.87 - Previous High
113.95 - Weekly Support / Resistance
115.00 - Major Psychological level
115.93 - Fib expansion / Resistance
First chart simply shows a bollinger band breakout with a clear contracti…
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