The currency pair established new local lows on Tuesday. USD/JPY stays above 104.95 at press time.

Closest support areas: 104.95, 104.57, 104.28

Closest resistance areas: 105.24, 105.51, 105.76

Macroeconomic data

USD

Goods Trade Balance

Prelim Wholesale Inventories m/m

Pending Home Sales m/m

FOMC Statement

Federal Funds Rate

FOMC Press Conference