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FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
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FxWirePro: USD/JPY slides below 154 level, scope for further downside 
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Yen Roars Back: Sell AUDJPY Rallies to 109.30, Eye 106 Target 
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
• USD/JPY traded in narrow range on Wednesday as markets awaited Federal Reserve’s interest rate decision scheduled later in day.
• in a busy week for global central bank meetings, the U.S. Federal Reserve's interest rate decision on Wednesday is crucial, with markets largely expecting the central bank to keep its lending rate unchanged.
• Markets will also be closely watching the December U.S. personal consumption expenditures (PCE) reading, due on Friday, as it is a key metric for evaluating the inflation outlook.
• At (GMT 09:26) US dollar was trading at down 0.12 % at 155.26 against the Japanese yen.
• Immediate resistance is located at 155.88(38.2%fib), any close above will push the pair towards 157.73(23.6%fib).
• Support is seen at 154.26(50%fib) and break below could take the pair towards 153.77 (Lower BB)
Recommendation: Good to buy around 155.00, with stop loss of 154.30 and target price of 156.80
