From a technical point of view, some consolidation swing is possible on small time frames (15'). As we can see on 15' chart, the 
USDJPY pair may have developed an impulsive structure (12345). With this in mind, a bullish leg can appear during today's session with a first Target around 136. The market is waiting for the FOMC decision so be careful during this important event. This is a speculative setup (scalp) and requires experience and good risk management.
LONG TERM ANALYSIS (BULLISH)
(Click & Play on chart below)
Trade with care!
Like if my analysis is useful.
Cheers!
USDJPY pair may have developed an impulsive structure (12345). With this in mind, a bullish leg can appear during today's session with a first Target around 136. The market is waiting for the FOMC decision so be careful during this important event. This is a speculative setup (scalp) and requires experience and good risk management.LONG TERM ANALYSIS (BULLISH)
(Click & Play on chart below)
Trade with care!
Like if my analysis is useful.
Cheers!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.