Japanese Yen (JPY)

The Yen fell against the greenback last Friday, but with the opening of the Asian markets tonight the Yen may start rising against the Dollar and the other majors, especially after publishing the GDP, which came out at -0.30%, better than the expected -0.50%. Now, after the USD/JPY had broken the resistance level of 83.00 last Friday, this level has become it's his support. Overall, USD/JPY traded with a low of 82.24 and with a high of 83.67. No economic data is expected today.

USD/JPY-Last: 83.25

Resistance

83.55

Support

83.00

82.40

81.80

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