USDJPY

For the Japanese Yen (JPY), Japan's top foreign exchange diplomat Masato Kanda, who will instruct the BOJ to intervene if necessary, said on Thursday that he would take appropriate steps if necessary. However, he refrained from commenting on foreign exchange (FX) intervention, which shows us that volatility will continue for a while. The daily gain for the pair, which closed at 155.56 on the previous trading day, was 0.05%. The RSI indicator for the pair, which is above its 20-day moving average, is at 57.33, while its momentum is at 100.49. The 155.47 level can be followed in intraday downward movements. If this level is broken, the supports at 155.25, 154.94 and 154.72 may become important. In possible increases, the resistance levels of 155.78, 156.01 and 156.31 will be monitored. Support: 155,250 – 154,940 Resistance: 155,780 – 156,010