USDJPY
According to the latest data released today, Japan's March Consumer Price Index (CPI) rose by 2.7% on an annual basis, compared to a 2.8% increase in February. Following the Japanese inflation data, the USD/JPY pair fell by 0.02% intraday to 154.61. The downward movement observed in the dollar index is pressuring the pair downward. The daily loss for the pair, which closed at 154.41 on the previous trading day, was 0.15%. The RSI indicator for the pair, which is above its 20-day moving average, is at 71.97, while its momentum is at 101.79. Intraday downward movements can be followed at 154.22. If this level is broken, supports at 153.78, 153.14 and 152.70 may become important. In case of possible increases, resistance levels will be monitored at 154.85, 155.30 and 155.93. Support: 153.780 – 153.140 Resistance: 154,850 – 155.300