Yen Weakens Further, USD/JPY at 161.00
The USD/JPY pair has reached the 161.00 level as ongoing dollar strength continues to pressure the yen. The possibility of Bank of Japan (BOJ) intervention remains high, although market skepticism persists.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support1 |
Support 2 |
Support 3 |
161.00 |
160.00 |
159.50 |
158.50 |
158.00 |
157.50 |