USD/JPY recovers ground
USD/JPY recovered from the yesterday’s low of 97.75 to 98.80. The pair has almost offset the yesterday’s post-FOMC losses as the BOJ Kuroda has also made some dovish comments.
Next resistance for the pair lies at $0.9900, $0.9940/50, 100.00 and 100.60. Support is seen at 98.40, 98.20 and 97.75.
Chart. H4 USD/JPY