USDJPY

The USD/JPY parity extended its recovery from Thursday despite falling to 146.460 last week and increasing speculation that the Bank of Japan wants to end its negative interest rate policy at this week's policy meeting, closing above 148.900. We Will Be Watching Interest Rate Decisions from Both Japan and the US This Week, these two critical data will significantly increase weekly volumes and cause volatility. Technically, the 149.12 level can be followed in intraday upward movements. If this level is exceeded, the 149.33, 149.54 and 149.74 resistances may become important. In possible pullbacks, 148.91, 148.70 and 148.49 will be monitored as support levels. Support: 148,910 - 148,700 Resistance: 149,330 - 149,540