Hi


There was BOJ(Bank of Japan) monetary policy announcement during Asian session, during which Yen currency pairs changed a lot. Japanese government authority says it will maintain the previous monetary easing policy onward, which means no more extra Yen in circulation, causing big Yen appreciation in the market.


As for EURUSD, technically, on a 4 hour chart, this pair is settling above 20 day moving average line and is ready for extra upward move. At this stage, long position can be taken.


Enjoy trading!
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