USD/JPY Awaits FOMC Meeting for Direction; 148 Support Level in Focus
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USD/JPY likely to see muted trading until tomorrow's FOMC meeting + projections
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IG client sentiment clouded by the recent uptick in longs. Overwhelming short positioning remains
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Analysis uses chart patterns and key support and resistance levels
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USD/JPY may see volatility from FOMC rate decision and economic projections
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148 level providing support, catalyst needed to push towards 150