USDJPY

USD/JPY pair Following the two-day monetary policy meeting announced today by the Bank of Japan, it decided to raise the interest rate by 10 basis points (bps) from -% to 0% for the first time since 2007. The upward movement observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 149.94 on the previous trading day, was 0.53%. The RSI indicator for the pair, which is above its 20-day moving average, is at 57.86, while its momentum is at 100.00. If We Examine It from the Technical Section, the 149.64 level can be followed for intraday downward movements. If this level is broken, supports at 149.33, 148.73 and 148.43 may become important. In case of possible increases, resistance levels at 150.54 and 151.14 will be monitored. Support: 149.940 - 149.640 Resistance: 150.540 - 151.140