USDJPY

The USD/JPY pair is trading sideways around 151.350. USD/JPY is near the upper end of its range near 152.00, which has been a key chart level since October 2022. The daily MACD seems anchored in the positive zone, indicating widespread upward momentum. The upward move observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 151.38 on the previous trading day, was 0.03%. The RSI indicator for the pair, which is above its 20-day moving average, is at 62.78, while its momentum is at 102.05. The 151.35 level can be followed in intraday downward movements. In case of a decline below this level, supports at 151.26, 151.15 and 151.06 may become important. In possible increases, 151.46, 151.55 and 151.66 will be monitored as resistance levels. Support: 151,140 - 151,001 Resistance: 151,450 - 151,010