The Yen gained versus the Dollar after bearish comments from the Fed signaling a slower recovery. Overall, USD/JPY traded with a low of 88.32 and a high of 88.99. USD/JPY is on a clear downtrend, facing support at 88 and almost getting oversold according to the daily RSI. No economic data expected today.

USD/JPY-Last: 88.60

Resistance

88.90

89.25

89.50

Support

88.25

88.00

87.75

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