USD/JPY: Four days of heavy support on the pair around 101.20-30 range finished off with a strong rally after the FOMC announcement. The pair rallied past the daily Tenkan, Kijun, cloud base & 50% Fibo grouped by 102.50, even as stocks struggled a bit with the notion of higher US rates. The pair will now try and test the 102.80-90 resistance, a break would make the pair go back to early March high.
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