
The most prominent thing in the statement is that the Bank of Japan did not reduce its purchases of bonds, as the Bank of Japan made a decision on purchases of Japanese government bonds by a majority of 8-1, which was opposed by a single member, Nakamura.
Technically: the dollar-yen pair rose during the Asian trading period, however, with the beginning of the European period, it made some corrections near the support levels of 157.25/35, from which it was able to push the pair slightly higher.
We are waiting for further ascent of the pair to complete the harmonic Crab model, which targets the levels of 159.60 as the final goal, and before it we target the levels of 158.10 as the first goal, and then the levels of 159.00 as the second goal.
This scenario fails if the 156.50 levels break down, and Of course, it is best to have the lowest levels of the uptrend on the 4H frame.