US stocks move lower after Fed decision. Yields lower ...Middle East

A snapshot of the market shows:

Dow up 41 points or 0.10% have 40870S&P index -22.23 points or -0.40% at 5584.06NASDAQ index -159.93 points or -0.90% at 17830.21.

2 year yield -2.3 basis points 5 year yield -3.8 basis points10 year yield -5.2 basis points30 year yield -5.0 basis points

The USDJPY is moved down and back toward its 100 bar moving out on the 4-hour chart at 142.847. The low price of just reached 142.897.

As long as the pair holds above that level, attention turns to the upside. Immediate resistance lies near the trendline around 1.1385, followed by the April 30 high at 1.14027 and then the high from last week at 1.14238.

This article was written by Greg Michalowski at www.forexlive.com.

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