USDJPY

USDJPY Pair Closed at 150,600 yesterday after the dollar index recovered after reaching the 150 limit. Geopolitical risks stemming from the conflicts in the Middle East and the extension of the Russia-Ukraine war continue to put pressure on investors' sentiment. This situation emerges as an important factor supporting the safe haven JPY. The downward movement observed in the dollar index is pressuring the pair downward. The daily loss for the pair, which closed at 150.50 on the previous trading day, was 0.01%. The RSI indicator for the exchange rate, which is above its 20-day moving average, is at 64.20, while its momentum is at 101.57. The 150.48 level can be followed for intraday downward movements. If this level is broken, supports at 150.39, 150.29 and 150.20 may become important. In possible increases, resistance levels at 150.58, 150.67 and 150.77 will be monitored. Support: 150,290 Resistance: 150,770