As can be seen from the attached charts , both EJ and GJ are hitting against very strong resistances. I had said in my thread in FF that today would be an up day for the JPY crosses and it has proved to be right so far.
GJ will be facing stiff resistance at 143.75which has a previous high at that price. Break of that will open the gates to 144.5. The FOMC should have a major say in that i believe.
Likewise, EJ has strong resistance at around 129.2. A break of that should take it to 129.7.
We might see some ranging for some time before the news and i believe the news should then provide some direction and then expect some pullback during the asian session tomorrow.
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you are right about a pullback expect some dollar revenge tomo
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