The Japanese Yen extended its rally on Monday, registering more than 1.63% gains.
USD/JPY drops over 4.90% to a low of 141.69 during Asian session before rebounding to 144.16. Technical outlook: Downward bias with potential for mean-reversion move as RSI indicates overextension. Key resistance levels: 145.00, February 1 bottom at 145.89, and March 11 level at 146.48. Key support levels: 144.00, January 9 pivot low at 143.42, and August 5 bottom at 141.69. This witnessed the USD/JPY drop over 4.90% during the Asian session to a low of 141.
48 emerges, followed by the 147.00 mark. Conversely, if USD/JPY extends its losses below 144.00, the next support would be the January 9 pivot low at 143.42, ahead of the August 5 bottom at 141.69. USD/JPY Price Action – Daily Chart Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen against listed major currencies today. Japanese Yen was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.00% -0.01% -0.06% -0.02% 0.02% 0.10% 0.
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