AUDJPY jumps after BOJ leaves yield curve range untouched.
In this update, analysis of the daily AUDJPY was made after the BOJ left the yield curve as is after last months shock adjustment. The market may have been looking for further moves last week, which might be why we observed heavy selling on the Japanese Yen.
In the video made for this analysis, it runs over the last move price action after the shock sell-off and previous rally. Which Are a series of higher lows starting to tell us that the market is trying to start a new trend？ As of January 18th, buyers have beaten the range, but we would like to see 91.70 and 93 beaten to show buyers have a new trend underway.
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