USDJPY

For the Japanese Yen (JPY), the International Monetary Fund (IMF) stated on Tuesday that Japan's commitment to allow the Japanese Yen (JPY) to move flexibly will allow the Bank of Japan (BoJ) to focus on ensuring price stability. The pair is observed to be on the rise due to the dollar's appreciation. The upward movement observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 156.40 on the previous trading day, was 0.12%. The RSI indicator for the pair, which is above its 20-day moving average, is at 60.93, while its momentum is at 99.05. The 156.34 level can be followed in intraday downward movements. If this level is broken, the supports at 156.19, 155.97 and 155.82 may become important. In possible increases, the resistance levels of 156.56, 156.71 and 156.93 will be monitored. Support: 156.190 – 155.970 Resistance: 156.560 – 156.710