Monexnews-EURJPY was last seen at 122.53, off a low of his daily in numbers, and down as much as 122.02 1.62% for this week. Currency pairs are closing the gap down that began this week, but still not able to move up further, noting the high in Wednesday's weekly figures, the number of the same 124.52 with closing day last Friday. The new Governor of the BoJ, Kuroda will hold a press conference today in Tokyo, to deliver a statement in addressing the problem of deflation in Japan.
Support close to the movement down in low Thursday at 122.02, followed by low Tuesday at 121.80 and low weekly Monday at 107. To rise, resistance movement near the low in Asia-Pacific session Monday at 122.70, followed by the low March 8 at 123.80 and high/low Tuesday, March 14, at 124.10.
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