USD/JPY consolidating gains off the April 27 low while above the 10-DMA

Those are bullish signals which are encouraging for USD/JPY longs

Overbought daily, monthly RSIs are falling however which are bearish signs

Investors await the Fed; 50bps hike, BS plan reveal are expected

If Fed isn't as hawkish as investors expect USD/JPY likely to fall sharply

For more click on FXBUZ