Comments on: What’s the BOJ going to do, according to big investment bank analysts https://fxww.com/whats-the-boj-going-to-do-according-to-big-investment-bank-analysts/ The Professional Source Tue, 18 Sep 2012 22:54:49 +0000 hourly 1 By: Sean Lee https://fxww.com/whats-the-boj-going-to-do-according-to-big-investment-bank-analysts/#comment-192 Tue, 18 Sep 2012 22:54:49 +0000 http://fxww.dreamhosters.com/?p=465#comment-192 That’s a reasonable scenario Jason. I’m running a long position from yesterday but I’ve got a very tight stop below 7840 and I agree that anythg in high 79’s will be a very tough resistance level. By JPY short-covering I mean JPY buying ie USD/JPY selling so I think we are in agreement 🙂

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By: Jason Jin https://fxww.com/whats-the-boj-going-to-do-according-to-big-investment-bank-analysts/#comment-191 Tue, 18 Sep 2012 22:48:49 +0000 http://fxww.dreamhosters.com/?p=465#comment-191 Sean, I am not sure whether you agree with this. Looks like this pair could go back to 77.50 if BOJ disappoints and even BOJ delivers something like 5-10 trillion expansion, 79.50 to 80.00 will be a hard resistance level. Maybe wait and see what BOJ will do???

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