The Yen rose against most majors as data indicated the global economic recovery may be faltering. As long the USD/PY is trading below 86.50 level a short position is preferred and the momentum is clearly bearish, the next support is located at 84.60. Overall, USD/JPY traded with a low of 85.19 and with a high of 85.82. No economic data expected today.

USD/JPY-Last: 85.35

Resistance

85.90

86.40

 

Support

85.10

84.90

 

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