Yesterday, the U.S. dollar-Japanese yen rate showed little price movement during Tokyo and London trading hours, instead traveling sideways in a triangle formation. However, it began to rise at around 9 p.m., hitting a high of 151.76 at 23:00.

The ISM Manufacturing PMI for March, which was announced yesterday, beat expectations by coming in at 50.3 compared to the forecast of 48.4.

Today the yen opened at 151.64 before falling to a low of 151.50 just after 9 a.m. It subsequently rallied, reaching a high of 151.78 some time after 11 a.m.

The 60-minute chart of the yen (as of 12:05 on April 2) shows the price breaking through the 151.50 level that had previously been the upper end of its range, with this line then flipping to become support.

(20-period Bollinger Band, showing +1 SD, +2 SD)

Today's main economic indicators are as follows.

• 23:00 U.S. February JOLTS Job Openings
• 23:00 U.S. February Factory Orders (MoM)