USDJPY

10:19, 22 May

USDJPY

There is a selling pressure for the global stock markets. So it leads to appreciation on JPY. We think that we may see selling pressure if the pair stay below the 107.70 resistance level.  

Resistance levels: 107.50 – 107.70 – 108.00 
Support levels :  107.30 – 107.00 – 106.70