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Forex pairs in this Article » EUR/USD, USD/JPY (Moscow) - JPY bulls tried to drive USD/JPY lower, but managed only 20 pips so far

Bank of Japan monetary policy decision drove JPY higher across the board. USD/JPY lost nearly 20 pips right after the announcement and set the current intraday low at 104.17, though the momentum was not strong enough to push the pair below the support zone of 104.10-104.00. The bears might have another try pretty soon as USD/JPY is still under selling pressure.

What are today’s key USD/JPY levels?

Today's central pivot point can be found at 104.39, with support below at 104.01, 103.65 and 103.28, with resistance above at 104.75, 105.12, and 105.48. Hourly Moving Averages are neutral, with the 200SMA at 104.22 and the daily 20EMA at 104.19. Hourly RSI is neutral at 49.62.
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