The Yen gained slightly versus the Dollar as equity selloff continued, encouraging investors to turn to the safety of the Yen. Overall, USD/JPY traded with a low of 91.80 and a high of 93.10. USD/JPY is facing strong resistances at the area of 94 and 94.50 and is likely to gain support from the 91.50 level. Today, Tertiary Industry Activity is expected lower with -1.3% versus -0.2% prior.

USD/JPY-Last: 92.10

Resistance

92.50

93.10

93.65

Support

91.75

90.85

 

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