{video}USDJPY was trading muted within a short-term range and marginally above the 140.00 level prior to the FOMC policy announcement. The pair bounced on the 20-day exponential moving average (EMA) once again on Tuesday, increasing optimism that the bulls could take charge in the short-term. The RSI is still hovering above its 50 neutral mark, reflecting a positive bias. Though, its falling trend is witnessing persisting caution in the market. In other warning signals, the MACD remains below its red signal line, while the stochastic oscillator is not far below its 80 overbought level. The descending triangle in the ... (full story)