25 Apr 2014
USD/JPY briefly fall below 102.00
FXStreet (San Francisco) - The US dollar extended its decline against the Japanese Yen in the latest few hours and after falling around 20 pips from 102.15, the USD/JPY made a brief trip to 1-week low of 101.95.
However, pair managed to recover the 102.00 area and currently it is trading at 102.07, down 0.24% on the day, having posted a daily high at 102.50 and low at 101.95.
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/JPY levels
If the pair lost the 102.00 area, it would face next supports at 101.95, and 101.85. On the downside, resistance at 102.10, 102.25 and 102.50.
However, pair managed to recover the 102.00 area and currently it is trading at 102.07, down 0.24% on the day, having posted a daily high at 102.50 and low at 101.95.
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/JPY levels
If the pair lost the 102.00 area, it would face next supports at 101.95, and 101.85. On the downside, resistance at 102.10, 102.25 and 102.50.