USDJPY

The USD/JPY pair, Japanese Finance Minister Shunichi Suzuki said on Tuesday, "It is important to maintain fiscal discipline to maintain confidence in long-term fiscal health." Japanese Finance Minister Shunichi Suzuki said the weak yen was increasing import costs and affecting the country's economy and prices. Suzuki reiterated that he would "watch the stock and foreign exchange markets carefully and closely." The pair, which closed at 161.42 on the previous trading day, gained 0.05% on the day. The RSI indicator for the pair, which is above its 20-day moving average, is at 69.55, while its momentum is at 101.14. The 161.59 level can be followed in intraday upward movements. If this level is broken, the 161.75 and 161.92 resistances may become important. In possible pullbacks, the 161.26, 161.09 and 160.93 support levels will be monitored. Support: 161.260 - 161,090 Resistance: 161,590 – 161,750