FOMC moves in the EURUSD and USDJPY reach targets and fizzle - ConsultFX

FOMC moves in the EURUSD and USDJPY reach targets and fizzle

EURUSD move to the 50% and stalls. The USDJPY stalls at the 100 hour MA at 107.06 The EURUSD fell off the FOMC meeting minutes. The 50% of the move up was a downside target and that level held. We trade back toward the underside of the broken trend line. That comes in at 1.2374 currently.