The Yen fell sharply against most of the currencies but despite increased demand for risky assets, the USD/JPY is under pressure. The Tertiary Industry Activity Index came out -0.9% worse than expected -0.2%. In order the pair to extend its increasing it has to trade above the 90.5 level otherwise a rebound to 89.8 areas might be possible. Overall, USD/JPY traded with a low of 89.69 and with a high of 90.50. Today, no economic data expected.

USD/JPY-Last: 90.30

Resistance

90.55

90.75

91.10

Support

89.75

89.55

89.35

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