It just might be, falling for the last bulk of the US session. It trades at 78.07 headed into the FOMC announcement.
Pardon my brain fart. All the above is bass-akwards. should have read “rising hopes of super-easy Fed”.
Stops in USD/JPY are rumored to be heavy on a break of 77.70; Sellers are seen at 78.25/35; Stop loss buy orders are seen at 78.35/40. Buyers lie at 77.90.
