Iridium

USDJPY LONG INTO FED MINUETS

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
3
USDJPY looks to continue it upside today into the FED FUNDS which are due today a 2:00. Through UK trading prices broke a constricting wedge only to find a floor at the 50% retracement level. Prices are currently struggling to break through the 108.15 level which is labeled neckline, should prices resist off these levels we should see support around the wolfe wave support line and form an inverted head and shoulders.
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