• There are bids in USD/JPY between here and 99.00, with stops below 98.90 running into bids again 98.56/60.
  • On the topside there are sellers 99.45/55 and again around 99.70, then more ahead of and around 100.00.

Take extra care with levels in the market when the BOJ announcement is made then again when Kuroda is speaking. There will be a tinning in the order book ahead of these events as fresh news can slice the price through levels very easily indeed.