Dollar rises on the better data, but not by much  

EURUSD falls. USDJPY rises but moves somewhat contained on the initial reaction

The EURUSD has fallen to the lows of the day but has not taken out the lows. Despite the strong report the EURUSD is holding the topside support so far.

The USDJPY moved above the 100 hour MA at 123.04 (support now) and tested a topside trend line. But the price is off the high now and trades between the trend line above and the 100 hour MA below

The GBPUSD has followed the path of the others. Looking at the hourly chart, the pair has moved down and up. The lows for the day held support. The pair remains above the 200 hour MA and the 10 hour MA below at the 1.5064 and 1.5045 respectively. The 38.2% of the move up from the low comes in at 1.50577. The low reached 1.5079. The current price is back up to 1.5100. SO support seems to be holding. The buyers showed up below

The Fed is a done deal on a hike. Yet the dollar is not really heading higher after the huge fall yesterday. So it seems that the squeeze may just continue. The EURUSD is back testing 1.0900 and the USDJPY is heading back toward the 100 hour MA as I type. They are off extremes (at high and low) but they are also not breaking the other way.