USDJPY Update: Potential Bearish Cypher Formation

BoJ voted 8 to 1 to leave unchanged its pledge to increase the monetary base at an annualized pace of JPY 80 trillion. A minor retracement may be seen between 113.250 - 113.400 region towards 113.000 - 112.800.

We have already published the setup for this minor reversal. After this potential minor reversal, the pair is likely to test 113.900 - 114.000 zone.  - See the attached idea -

Short Entry zone of Bearish Bullish Cypher 113.900 - 114.100