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17 Mar 2014
USD/JPY trades around 101.75
FXStreet (San Francisco) - After failing to break above 101.85, the USD/JPY retraced to the 20-hour MA level around 101.55 by mid-day where the pair remained traded sideways for a couple of hours. Now the USD/JPY is pricing at 101.75 heading to the closing bell.
The USD/JPY is currently trading 0.40% positive on the day with a short term perspective slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
USD/JPY levels
If the pair manages to break above the 101.85, it would find further resistances at 102.00 and 102.40. On the downside, the USD/JPY may have supports at 101.60, 101.20 and 101.00.
The USD/JPY is currently trading 0.40% positive on the day with a short term perspective slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
USD/JPY levels
If the pair manages to break above the 101.85, it would find further resistances at 102.00 and 102.40. On the downside, the USD/JPY may have supports at 101.60, 101.20 and 101.00.