ANZ - "1. Expectations are again high that the BOJ will break with tradition at their next meeting; 2. Certainly some additional easing steps seem certain, but we doubt they will be revolutionary to justify market positioning; 3. We recommend selling USD/JPY at 79.80, targeting 78 (after a push through the 200dma at 79.45), with a stop at 81."

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Tags: ANZ, Bank of Japan, BoJ, JPY, Japan Yen, USD/JPY, USDJPY, Yen

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