According to analysts at BBH, the pair could attempt another visit of the 114.50/115.00 area. Key Quotes “The dollar continues to carve out a range against the Japanese yen”. “Barring the post-FOMC overshoot that took the greenback briefly through JPY110.70, the JPY111.00 marks the bottom of the range”. “On the top side, which has also been tested three times since mid-February, the JPY114.40-JPY115.00 provides the cap. The technical indicators suggest the dollar can re-test the ceiling”. For more information, read our latest forex news.