The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today reached a fresh May low at 96.10. The pair has support at 96.00 (below today’s lows) and 95.55 (April lows). On the upside the pair could find resistance at 96.60 and 97.20.
GBP/JPY current price is 147.18. The pair tested today a key support area at 146.30. Next support levels to consider are located at 145.60 (May lows) and 144.85. On the upside the pair has topped at 149.50. A break of the line could take the pair to the next resistance zone at 150.85 (one-month high)
Against the euro the Yen rose for second consecutive day. EUR/JPY rebound at 130.70 to 131.50. The pair has moving in a downtrend after reaching a one-month high at 134.80 Monday morning.
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