USD/JPY consolidating ahead of the Fed interest rate decision at 6-week high

FXStreet — The USD/JPY is 112,50 increased, where we have been with him since the 21. March saw not, and then there was a slight Pullback. During the last hours the Pair consolidated around 112,30/35, while it is waiting for the Fed decision.

Technical Levels

According to the above Resistances lie at 112,50 (daily high), 112,85/90 (Deep 16. March / High-20./21. March) and investments in securities total 113.25. On the other hand, supports are located at 112,30 (High-2. May), 111,95 (daily low) and 111,60 (High 27. April).

** FXStreet News Editorial, FXStreet**

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