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The BoJ rate cut has barely affected the pair, and the downside pressure remains intact: moving downwards, the pair has supports for the next hours at 88.50, the zone between 88.10/20 and then 87,60, under which the pair will retry to test the minimum’s zone around 87.10. resistances on the other hand will be 89.10, the zone @ 89.50 (we have a pretty descendant 4 hours descendant trend line there) and above 90.20. Only a good confirmation above this last, can change the pair destiny for the next days.
