The US Dollar edged lower against the Japanese Yen in European trading below 157.03 levels.
The US dollar lost some ground following rumors that the Bank of Japan may start interest rate hikes as soon as January. In Japan, BoJ Core CPI data (1.5% exp) will be published (05:00 GMT). In the US, New Home Sales for November (666k exp) will be released (15:00 GMT).
| Support & Resistance | Level | Explanation |
| Resistance 2 | 158.33 | Daily R2 |
| Resistance 1 | 157.97 | Daily R1 |
| Support 1 | 156.35 | Daily S1 |
| Support 2 | 155.81 | Daily S2 |
| Indicator | Signal |
| SMA 20 | Buy |
| SMA 50 | Buy |
| SMA 100 | Buy |
| MACD( 12;26;9) | Buy |
| RSI (14) | Sell |
| Stochastic ( 9;6;3) | Sell |
| Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
| MACD( 12;26;9) | Buy | Buy | Buy |
| RSI (14) | Sell | Buy | Buy |
| SMA 20 | Buy | Buy | Buy |
| Buy |
|