USD/JPY spent about 20 minutes below the 10-week range yesterday but has quickly rebounded and invalidated the breakdown. The pair is up 90 pips today to 147.87, which is right int he middle of the trading range since July.The US dollar is broadly stronger today in part because the FOMC votes indicated that Bowman and Waller weren't willing to dissent for 50 bps like Miran. That highlights that they're not Trump sycophants and that the Fed is likely to remain independent rather than follow the series of 50 bps cuts that Miran put on his dot plot.If the Fed were to follow that Trump-dictated strategy, it would cause some short term growth but it would mean a dangerous flirtation with inflation and undermine confidence in the US dollar. It's that same theme that's led to non-stop records in gold this year followed by a moderate pullback since the FOMC. Looking ahead, the rejection of the downside break should shore up USD support and could lead to some broader gains. There have been some decent indications of US economy resilience, something that Powell underscored yesterday. Even on employment, he mostly brushed aside the recent poor non-farm payrolls indicators as being immigration driven.If we see signs of US jobs resilience -- as we did in today's initial jobless claims report -- then the dollar will have room to run and we could see a test of the July 31 high of 151.00 in USD/JPY. This article was written by Adam Button at investinglive.com.