The latest highs at the moment are focused
The USDJPY cracked above the 100 and 200 hour MA and shot increased. The 32 pip buying and selling vary is now as much as 53 pips. The 22 day common is at 81 pips however do not forget that common contains the flash crash day. Absent that the common vary could be about 63 pips.
The run above places the worth within the higher half of the vary since January 18th. The 109.556 is the midpoint of the vary. The latest highs at 109.88 to 109.99 are targets. Nonetheless, it is perhaps a stretch forward of the FOMC.
Shares opening in 6 minutes. The Dow futures are implying a 268 level rise. S&P is up about 15.5 factors.