The Yen strengthened versus the majors as stocks slid across the globe and commodities plunged as investors sold growth-related assets. As long as the USD/JPY keeps trading below 94.25 a short positions is preferred. Overall, USD/JPY traded with a low of 93.53 and with a high of 94.98. No economic data expected today.

USD/JPY-Last: 93.94

Resistance

94.24

94.58

94.97

Support

93.77

93.53

width=450