USD/JPY expected to maintain 123-124 range ahead of FOMC today – AceTrader

FXStreet (Barcelona) - The AceTrader Team shares the outlook for USD/JPY ahead of today’s FOMC Meeting.

Key Quotes

“Although dlr has briefly edged higher to 123.46 at Asian open, the pair is expected to gyrate inside 123.00-124.00 ahead the NY open.”

“At the moment, bids are reported at 123.20-10 and around 123.00 with mixture of bids and stops at 122.80-70.”

“On the upside, offers are tipped at 123.50-60 and more around 123.80 with stops building just above 124.00.”

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