The Yen strengthened versus the Dollar as Japanese stocks slid for the first time in six days, causing the investors to buy the Yen as a refuge. The main resistance of the USD/JPY is at 92.00. As long as it is trading below this level a short position is preferred, the 10 moving average support a short position as well, the next support is located at 90.00 level. Overall, USD/JPY traded with a low of 90.51 and with a high of 91.42.

USD/JPY-Last: 90.89

Resistance

91.05

91.50

91.85

Support

90.50

 
 

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