USDJPY

The USD/JPY pair remained on the slightly buying side after Japanese Finance Minister Shunichi Suzuki said on Monday that "it is desirable for currencies to move in a stable manner reflecting the fundamentals." The daily gain for the pair, which closed at 159.71 on the previous trading day, was 0.01%. The RSI indicator for the exchange rate, which is above its 20-day moving average, is at 69.48, while its momentum is at 102.64. 159. 88 can be followed in intraday upward movements. If this level is exceeded, the resistances of 160.05 and 160.18 may become important. In possible pullbacks, 159.58, 159.45 and 159.28 will be monitored as support levels. Support: 159.580 - 159.450 Resistance: 159.880 - 160.050