Forex: USD/JPY below 80.50 support

FXstreet.com (Barcelona) - Dollar recovery from last week low at 79.65 was at 81.00 and the pair has been giving away gains during the latest session breaking below support at 80.50, to reach fresh day lows at 80.40 so far.

Below 80.50, the pair might find support at 80.00 (Jun 13 lows/psychological level) and then 79.65 (Jun 8 low). On the upside, resistance levels are 81.00/05 (Jun 15 high), and above here, 81.30 (Jun 2 spike high) and 81.75 (May 31 high).

EUR/JPY recovery attempt from yesterday's low at 113.50 has been capped at 114.70 -38.2% Fib retracement of this week's decline- on early Asian session, and the pair has given away most of the ground taken previously retreating below 114.00 and reaching day low at 113.70