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Breaking: USD/JPY falls sharply to 149.90 on signs of possible intervention

The USD/JPY pair fall sharply from 150.70 to 149.90  during the early European session on Thursday. The Japanese Yen soars against the US Dollar (USD) amid the suspect FX intervention by the Japanese authorities. At the press time, the USD/JPY pair is gaining 0.15% on the day to trade at 150.43.

On Thursday, Japanese Prime Minister Fumio Kishida said that the currency intervention is not a contradiction of the policy of shifting money away from savings towards investment. However, investors brace for a possible move if the yen breaches the 150.00 threshold against the USD.

USD/JPY Price Action 15-minute chart

USD/JPY

Overview
Today last price150.44
Today Daily Change0.22
Today Daily Change %0.15
Today daily open150.22
 
Trends
Daily SMA20149.45
Daily SMA50148.02
Daily SMA100145.04
Daily SMA200139.67
 
Levels
Previous Daily High150.32
Previous Daily Low149.79
Previous Weekly High149.99
Previous Weekly Low148.76
Previous Monthly High149.71
Previous Monthly Low144.44
Daily Fibonacci 38.2%150.12
Daily Fibonacci 61.8%150
Daily Pivot Point S1149.9
Daily Pivot Point S2149.59
Daily Pivot Point S3149.38
Daily Pivot Point R1150.42
Daily Pivot Point R2150.63
Daily Pivot Point R3150.95

Author

Lallalit Srijandorn

Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.

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