BOJ meeting concluded with no change, relative upbeat monetary policy statement and speech from governor Kuroda. Given recent downturn in Japanese economic data, a lot of market participants still expect them to expand easing program at their October 30th meeting. Yen strenghtened ahead of and after the release of the statement and is consolidating near 120.

Support:
119.70 - 119.90 (Monthly Pivot Point, Monday Low, Daily Support 2, Weekly Pivot Point)
119.50 - 119.60 (50's, Triangle Pattern Bottom, Daily Support 3)

Resistance:
120.10 - 120.35 (Previous Day Low, H4 200 SMA, H1 50 SMA, Daily Pivot Point, W1 50 SMA)
120.50 - 120.75 (Daily Resistance 1, 50's, Previous Day High, Previous Week High, Triangle Pattern Top, Weekly Resistance 1)

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