USDJPY

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USDJPY

USDJPY The level that catches our eye is 135.75 This level is the upper limit of the price imbalance that occurs during the sharp decline. It acts as a magnet that attracts the price. The impact of the Unemployment Claims data to be announced at 16:30 on the parity is undeniable. If it is announced below expectations, we will see strengthening in the US Dollar and we will observe an upward movement targeting 135.75. If the opposite happens, it may ease back to the 131.70 regions. Support: 131.70 – 129.00 Resistance: 135.75 – 137.50