USDJPY

Japanese Economy Minister Yoshitaka Shindo said today that the government will "continue its efforts to ensure that the primary balance reaches the surplus region in fiscal 2025." Shindo added, "Real economic growth of 1.3% in fiscal 2025 is not that unrealistic." The daily gain for the pair, which closed at 157.41 on the previous trading day, was 0.09%. The RSI indicator for the pair, which is above its 20-day moving average, is at 61.18, while its momentum is at 101.30. The 157.30 level can be followed for intraday downward movements. If this level is broken, supports at 157.12, 156.82 and 156.64 may become important. In case of possible increases, resistance levels at 157.59, 157.77 and 158.07 will be monitored. Support: 157.120 – 156.820 Resistance: 157.590 – 157.770