The currency pair plunged on Tuesday and tested 109.57. USD/JPY stays above this level at press time.

Closest support areas: 109.57, 109.25, 109.04

Closest resistance areas: 109.88, 110.26, 110.63

Macroeconomic data

USD

Goods Trade Balance

Prelim Wholesale Inventories m/m

FOMC Statement

Federal Funds Rate

FOMC Press Conference