USDJPY

The USDJPY pair had risen above 150.00 for the first time since November. The weaker-than-expected real GDP will strengthen the Yen's determination to limit further depreciation and is unlikely to change interest rate hike expectations. The pair is seen to be on the rise due to the dollar's appreciation. The upward movement observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 150.32 on the previous trading day, was 0.12%. The RSI indicator for the pair, which is above its 20-day moving average, is at 63.75, while its momentum is at 101.36. The 150.27 level can be followed in intraday downward movements. If this level is broken, the supports at 150.17, 150.01 and 149.91 may become important. In possible increases, 150.42, 150.52 and 150.68 will be monitored as resistance levels. Support: 150,170 Resistance: 150,680