• +0.15%, trades at the top of a 1.0180-1.0214 range, as yen led the USD lower

• EUR/JPY fell 0.85%, as Tokyo bought yen in response to mixed FOMC

• No tier 1 EU data, U.S. GDP to lead event risk in the European session

• Charts, 5, 10 & 21 day moving averages coil, momentum studies conflict

• 21 day Bollinger bands contract - neutral setup suggests range trading

• 1.0279 July top and 1.0076, 61.8% July bounce are the pivotal levels

• Close outside the range will likely extend further in coming sessions

For more click on FXBUZ