The Yen continue to strength versus the majors as stocks continue to tumble across the globe and commodities continue to plunge, leading the investors to sell risky assets and to buy the Yen as refuge. The USD/JPY has broken all the support levels since yesterday, therefore the momentum is bearish. Overall, USD/JPY traded with a low of 87.95 and with a high of 93.97. No important data expected today.

USD/JPY-Last: 92.36

Resistance

92.70

93.85

95.00

Support

90.50

88.80

87.95

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