USDJPY: high order
The dollar remained volatile against the yen near 145.874. Bank of Japan Governor Kazuo Ueda: Discussed economic and financial conditions with Fumio Kishida. Forex market volatility is not specifically discussed.
US dollar yen USDJPY - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high position is maintained, the market is in a state of anxiety for long positions and low openings, the MACD indicator is in the long position and the RSI index is hovering weakly above the 50 balance line;
Resistance levels: 146.380 146.640
Support levels: 145.600 145.340
Trading strategy: bearish below 146.066, target 145.600 145.340
Alternative strategy: Bullish above 146.066, target 146.380 146.640
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