USDJPY moves higher ahead of FOMC meeting minutes ...Middle East

The USDJPY is moving higher as the clock ticks toward the FOMC meeting minutes scheduled for release at the top of the hour.Looking at the daily chart for the USDJPY, the price has now moved above the low price from yesterday which was near the low price from the October 10 at 148.15. The current price trades at 148.32. The prices also approaching the closing level from yesterday at 148.38. A move above that level and close above that level would snap the 3 day down the street for the USDJPY.  That decline took the price of the USDJPY from a high on Friday at 151.429, to a low today of 147.143 or 428 pips. That is not a bad move for a 4 day period. Helping the move to the upside is a rebound

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