USD/JPY fell during today's Asian session. After rising as high as 160.389, it was pushed down to 159.432 by remarks from a Bank of Japan official. Sell orders currently dominate, while buying is sparse around ¥160.
USD/JPY fell during today's Asian session, reaching 160.389 at one point before being pushed down to 159.432 following remarks by Bank of Japan Policy Board member Takata (高田) concerning the size of a potential rate hike.
Sell orders were observed above the current level at 159.800, 160.000 and 160.100, while stop-loss selling was waiting below at 159.400.
The article examines potential areas to watch through FX order information and related images provided by Gaitame.com.