USDJPY

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USDJPY

The downward movement observed in the dollar index is pressuring the parity downward. The daily loss for the parity, which closed at 154.63 on the previous trading day, was 0.05%. The RSI indicator for the parity, which is above its 20-day moving average, is at 77.53, while its momentum is at 101.97. The 154.66 level can be followed in intraday upward movements. If this level is exceeded, the 154.72, 154.81 and 154.87 resistances may become important. In possible pullbacks, 154.57, 154.51 and 154.42 will be monitored as support levels. Support: 154.510 - 154.420 Resistance: 154,810 - 154.870