USDJPY

USDJPY Pair continues to maintain the rise it made last week in the New Week. The expectation that the Fed will ease its monetary policy and the decrease in US bond yields will support Japan's currency. From a technical perspective, the failure to find acceptance above the 149.40 level last week may cause a double top bearish formation to form. USDJPY Pair came very close to the 149.80 resistance. We will follow this resistance during the day. Our important support level to maintain the rise is 148.40. If the possible increases in the parity continue and approach 150, we can be careful against the possible intervention of the Bank of Japan. Support: 148,400 Resistance: 150,110