USDJPY

USD/JPY parity, Japanese Finance Minister Shunichi Suzuki said that the weak yen increased import costs and affected the country's economy and prices. Suzuki reiterated that he would "carefully and closely monitor the stock and foreign exchange markets." It is observed that the parity is increasing due to the appreciation of the dollar. The upward movement observed in the dollar index supports the parity upwards. The daily gain for the parity, which closed at 161.00 on the previous trading day, was 0.13%. The RSI indicator for the parity, which is above its 20-day moving average, is at 67.09, while its momentum is at 100.81. The 160.77 level can be followed in intraday downward movements. If this level is dropped, the supports at 160.55 and 160.37 may become important. In possible increases, 161.18, 161.36 and 161.58 will be monitored as resistance levels. Support: 160,770 – 160,550 Resistance: 161,180 – 161,360