Volatile conditions/Fairly narrow range
The USDJPY moved to a low 118.82, rallied to new day highs at 119.05 but moved to a new post decision low of 118.74. The next target on the downside comes in at 1.1861-65 which are swing highs from yesterday and Monday.
Meanwhile the EURUSD has seen a similar up and down volatility with a high near 1.0896 and a low of 1.0860. The price is trading near highs as I type - and breaking through to new highs at 1.0906.... The next target are the highs from last Thursday at the 1.0920 level.
Overall, volatile trading with a small downward bias for the greenback.
The S&P is moving lower with the S&P down 0.34% or 6.5 points. The Nasdaq is down -53 points or -1.17%.
