The Yen strengthened versus the Dollar after U.S. central bank officials said they wanted to keep interest rates low and traders boosted bets China will let the Yuan appreciate. The Yen also gained against the Euro as concern Europe's economic recovery will slow sparked demand for Japan's currency as a refuge. The main support of the USD/JPY is 93.70 as long as it's trading under these levels the momentum is bearish. Overall, USD/JPY traded with a low of 93.15 and with a high of 94.26. Today, BOJ Monthly Report will be released.

USD/JPY-Last: 93.29

Resistance

93.65

94.26

94.77

Support

93.15

92.75

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