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26 Feb 2014
USD/JPY remains on 102 post Tokyo open
FXStreet (Guatemala) - USD/JPY is holding its own ahead of the 102 psychological handle on a subdued Tokyo open. Previously on the day however, the USD/JPY has been on the offer throughout late Asia yesterday, Europe and the US from 102.60.
There is a lack of impetus for the pair today and tomorrow ahead of the storm on the horizon for the end of the week for both the dollar and the Yen. Meanwhile, the pair is holding on the 102 handle and way above the next key support at zone 101.56.
USD/JPY Levels
The 20 DMA is 102.18, the 50 DMA is 103.38 and the 200 DMA is 100.19. RSI (14) reads 44.90. Supports are ascending from 101.67, 101.97 and 102.17. Spot is 102.18 while resistances are102.68, 102.85,102.94 and 103.10.
There is a lack of impetus for the pair today and tomorrow ahead of the storm on the horizon for the end of the week for both the dollar and the Yen. Meanwhile, the pair is holding on the 102 handle and way above the next key support at zone 101.56.
USD/JPY Levels
The 20 DMA is 102.18, the 50 DMA is 103.38 and the 200 DMA is 100.19. RSI (14) reads 44.90. Supports are ascending from 101.67, 101.97 and 102.17. Spot is 102.18 while resistances are102.68, 102.85,102.94 and 103.10.