USD/JPY daily chart
- USD/JPY is in a consolidation between its 200-day simple moving average.
- The FOMC at 18.00 GMT can lead to high volatility.
USD/JPY 4-hour chart
- USD/JPY is consolidation between the 50 and 100 SMA.
USD/JPY 30-minute chart
- USD/JPY is trading below its main SMAs suggesting bearish momentum in the short-term.
- A break below 111.30 can lead to 111.00 figure.
- Resistances are at 111.50 and 111.65 level.
Additional key levels