JP225: Testing EMA 50 Ahead of BOJ ShowdownJapan 225 IndexICMARKETS:JP225LIVERMORE333【JP225 4H】Rallying to EMA 50—Focus on BOJ Meeting and 65,295 Level JP225 has rallied toward the 4H EMA 50, tracking the bullish price action in US indices. However, it is crucial to note that the primary flow and structure remain firmly bearish. There is still significant distance to the major structural resistance at 65,295. If the price decisively breaks above the EMA 50 on a 4-hour candle body close, the likelihood of a move toward this key level increases. Conversely, if the EMA 50 holds as a ceiling, we could see a resumption of the prevailing downtrend. Today's primary focus is the Bank of Japan (BOJ) policy decision, particularly Governor Ueda’s press conference at 15:30 JST. Given that event-driven volatility can often cause technical levels to be temporarily ignored, I am maintaining a "wait-and-see" mode. I prefer to wait for the post-event market reaction to confirm the next directional move. #JP225 #Nikkei225 #BOJ