The yen gained against the dollar and other counterparts as signs the global economic recovery is slowing fueled demand for the safest currencies. The Tokyo Core CPI came out -1.3% better than expected -1.5%. Overall, USD/JPY traded with a low of 89.21 and a high of 89.96. Breaking the 89.70 level might extend the downtrend of the pair. No economic data is expected today.

USD/JPY-Last: 89.55

Resistance

89.70

90.25

90.70

Support

89.20

 
 

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