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 161.67 the previous trading day, gained 0.01% on the day. The RSI indicator for the pair, which is above its 20-day moving average, is at 70.88, while its momentum is at 101.23. In intraday downward movements, the 161.53 level can be followed. If this level is broken, the supports at 161.40 and 161.32 may become important. In possible increases, the resistance levels of 161.83 and 161.96 will be monitored. Support: 161.530 - 161,400 Resistance: 161.830 – 161.960