European Update: $USDJPY continues to respect the 155 level post-#BOJ.

The decision was expected, and the summary was neutral. The BOJ has another hike under its belt and is continuing on its slow and steady path, as long as the data plays ball.

We've had several attempts at the 155 level, which means if it does eventually break, it's likely to go some.

154.45/50 might be one level in the way, otherwise it's into 154.00 and the 50 fib under there.

Trump has also added to general USD weakness with his comments on potentially going easy on China.

We're on/off S&R levels 155.70's and 155.90/156.00, and we've yet to put in a full test of 157.
#USDJPY #BOJ