USDJPY

Japanese Yen (JPY), When asked whether he entered the markets to support the Japanese Central Bank (BoJ) when deemed necessary, Japan's top foreign exchange diplomat Masato Kanda said he had no comments on foreign exchange intervention for now. It is observed that the pair is increasing due to the appreciation of the dollar. The upward movement observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 157.81 on the previous trading day, was 0.60%. The RSI indicator for the pair, which is above its 20-day moving average, is at 70.93, while its momentum is at 102.41. The 156.62 level can be followed in intraday downward movements. If this level is broken, the supports at 157.26, 156.70 and 156.34 may become important. In possible increases, the resistance levels of 158.18, 158.54 and 159.10 will be monitored. Support: 157.260 – 156.700 Resistance: 158.180 – 158.540