USD/JPY Attempting to Break Above Consolidation; BoJ Ahead

Consolidation: Last Friday (3/1), USD/JPY stopped a rally at 93.71 and has been consolidating since in a slightly downwards flag. During the 3/6 session, the falling trendline in this near-term consolidation pattern is broken as price pushes toward the 93.71 high. Momentum seems to be turning…

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USD/JPY Attempting to Break Above Consolidation; BoJ Ahead