USD/JPY hits the best levels of the day
USD/JPY is higher for the fourth day and nearing the best level in a month. USD/JPY is now up slightly on the day, erasing an earlier dip.
Don't expect a big move ahead of the FOMC decision tomorrow but the lean higher underscores the underlying bid in the dollar.
What's next is highly dependent on how USD/JPY deals with the strong resistance in the 114-115 range. It's been tried 3 or f4 times this year and failed repeatedly.
