USDJPY Forecast
The USDJPY had another insignificant movement yesterday. There are no changes in my technical outlook. Price is still trapped inside the range area between 118.50 – 121.30 as you can see on my H4 chart below. All eyes will be on the FOMC meeting which expected to be a catalyst for a breakout. The best plan for now remains to sell around 121.30 or buy around 118.50 with a tight stop loss.
