USDJPY

Bank of Japan (BOJ) Governor Kazuo Ueda said on Friday that if inflation continues to rise, the Japanese central bank will "most likely" raise interest rates and begin to reduce bond purchases in the future, although he is undecided on the timing. The pair, which closed at 154.71 on the previous trading day, gained 0.08% on the day. The RSI indicator for the pair, which is above its 20-day moving average, is at 75.09, while its momentum is at 102.22. The 154.65 level can be followed in intraday downward movements. If this level is broken, supports at 154.56, 154.42 and 154.33 could become important. In possible increases, resistance levels at 154.79, 154.88 and 155.02 will be monitored. Support: 154,560 – 154,420 Resistance: 154,880 – 155,020