USDJPY

USDJPY pair recovered its losses by falling to around 149,200 in the American session after the tightening statements of Bank of Japan board member Hajime Takata yesterday and. The daily gain for the pair, which closed at 150.39 on the previous trading day, was 0.32%. The RSI indicator for the exchange rate, which is above its 20-day moving average, is at 59.61, while its momentum is at 99.87. The 150.24 level can be followed in intraday downward movements. In case of falling below this level, the supports of 150.06, 149.72 and 149.54 may become important. In possible increases, the resistance levels of 150.57, 150.75 and 151.08 will be monitored. Support: 149.720 Resistance: 150.750