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Forex pairs in this Article » USD/JPY (Barcelona) - USDJPY is currently moving a bit nervous around the 93.48 last, as BoJ has just announced there are no new easing monetary policy measures, and predicts the CPI in Japan is likely to be "around 0 percent again," for the nearest term, the statement said.

The pair recovers part of the gains post Mr. Iwata comments when printed session highs at 93.64, now up till 93.53 following the BoJ statement, in moments that are usually very unstable and volatile.

Immediate resistance to the upside for USDJPY shows at recent session highs 93.64, followed by London session highs at 93.78 and Feb 06 highs at 94.07. To the downside, closest support lies at Feb 06 lows 93.27, followed by session/Feb 07 lows at 93.12/07, and yesterday's lows at 92.80.
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