USD/JPY pulled back on Wednesday to test a session low of 108.319 as investors braced to Fed monetary policy announcement dye to take place on Wednesday at 19:00 GMT+1. Fed Chair Jerome Powell will hold a press conference at 19:30 GMT+1. In Japan, Japan’s exports fell for a sixth straight month in May as China-bound shipments of semiconductor manufacturing equipment and car parts weakened. Ministry of Finance (MOF) data showed on Wednesday that exports declined 7.8% in May from a year earlier, down for the sixth straight month.
USDJPY Support & Resistance Table - 19/06/2019
Support & Resistance Level Explanation
Resistance 2 108.70
Resistance 1 108.42
Support 1 108.13
Support 2 107.97


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