USD/JPY rose as Trump and PM Ishiba did not agree to a trade deal, while slightsigns of easing geopolitical tensions also saw some unwinding of JPY longs. USD/JPY was last at 144.81 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Slight risk to the upside

"USD/JPY rose as Trump and PM Ishiba did not agree to a trade deal, while slightsigns of easing geopolitical tensions also saw some unwinding of JPY longs."

'Mild bullish momentum on daily chart intact while RSI rose. Slight risk to the upside. Resistance at 145.10, 145.50 levels. Support at 144 (21, 50 DMAs), 142.50 levels.'

Source: Fxstreet