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Forex pairs in this Article » USD/JPY (Barcelona) - USD/JPY is trading near session highs at 95.55 last, off early NY session weekly highs at 95.76. The pair is up +0.96% since yesterday's Asia-Pacific open, and +1.57% for the week so far.

Waiting for FOMC

“Technical readings show a slightly short term bullish tone, as price stands above 100 SMA and indicators above their midlines, but buying interest remains quite limited,” said Valeria Bednarik, Chief Analyst at “In the 4 hours chart technical readings remain neutral, which suggests market will remain ranging around 95.00 until FOMC announcement,” Benarick added.

Key technical levels

The analyst sees support levels at: 94.90, 94.50 and 94.10, while resistance levels at: 95.30, 95.75 and 96.05.
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