Japanese Yen (JPY)

The Yen weakened against the Dollar as Initial Jobless Claims came out better than expectations which supported a stronger Dollar against the other major currencies. The momentum of the USD/JPY is still bearish but if the pair breakup 82.30 level the pair could climb to 83.00 level. Overall, USD/JPY traded with a low of 81.40 and with a high of 82.06. No economic data expected today.

USD/JPY-Last: 81.53

Resistance

81.85

82.25

82.70

Support

81.40

81.30

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