Today important event is Bank of England (BOE ) rate decision , in Asia a quite day for Reserve Bank of Australia ( RBA ) and Bank Of Japan ( BOJ ) , there is one interesting release from BOJ at 17:00 Tokyo time : Japanese Government Bonds held by the Bank of Japan , any big changes could effect the YEN bullish trend in the last 24 hours . As a currency trader the biggest risk is loosing patience or fail to anticipate the possible move from central bank. Looking AUDJPY 4H it fail to go higher high in the last 24hours but the weekly pivot WPP 79.67 and role reversal area still hold as a support The Bulls this is an area of support looking for buying opportunity.
looking at 15M for a reversal higher high then higher low for possible buy for the bulls .
happy and safe trading