USD/JPY hits fresh post-FOMC highs near 111.70.
USD/JPY extends its bounce from 111.35 levels and now prints fresh post-FOMC highs near 111.70, tracking the risk-on action in the Asian equities and fresh US dollar buying across the board.
The spot spiked to 111.61 in the overnight trades after the Fed Chair Powell delivered an upbeat assessment of the US economy.
USD/JPY LONG (Buy)
Enter at: 111.540