USDJPY ahead of FOMC (short-term)

FX:USDJPY   U.S. Dollar / Japanese Yen
248 3 1
The pair broke out of a triangle yesterday and is very close to finish it's measured move. What happens after that becomes very-very important. If we move past the measured move Target, I'd say we might have a bullish case into the FOMC press conference. But if we turn around and come back quickly towards the support, I'd say the market is positioning for lower values, especially when the support is broken before the event.

Watching this one closely.
And when is the confr??
I'm looking for two things: either the measured move to the upside is reached OR the price turns around and comes back to the support area and preferably breaks it before the FOMC. Until then, I will not do anything at all.
Amazing.. Can u keep updating this chart please?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out