Trading Insights

USD/JPY

Dollar Weakens, But Buyers Emerge After Sharp Drop


USD/JPY fell sharply after Powell’s comments as capital rotated into higher-yielding assets. Still, RSI around 44 and MACD show emerging buying pressure, suggesting that buyers may step back in near support levels.
Key Levels: Support at 146.84 | Resistance at 148.29 / 149.88