Key news updates for USD/JPY
USD/JPY Technical Analysis
We start with resistance at 110.62.
107.30 has switched to a resistance role.
106.61 was tested last week. It is an immediate support line which could see action early in the week.
104.65 has held in support since early March.
102.50 is the final support line for now.
USD/JPY Daily Chart
I am neutral on USD/JPY
The U.S. dollar has been looked at as a safe haven in the current crisis, but the Japanese yen has managed to hold its own against the greenback. USD/JPY has been steady in recent weeks, and this trend could continue in the upcoming week.