Forex: USD/JPY cuts daily losses
Forex pairs in this Article »
USD/JPY
FXstreet.com (Córdoba) - The dollar edged slightly higher versus the yen and trimmed intraday losses after data showed the S&P/Case-Shiller Home Price Index came in line with expectations in November.
USDJPY moved off lows and climbed toward the 90.75 area before losing momentum and it is currently trading around 90.65, still down 0.2% on the day but having recovered from a low of 90.32 scored earlier.
In terms of technical levels, the Mataf.net team locates next resistances at 91.00 and 91.25, while they place supports at 90.30, 89.85 and 89.05.
USDJPY moved off lows and climbed toward the 90.75 area before losing momentum and it is currently trading around 90.65, still down 0.2% on the day but having recovered from a low of 90.32 scored earlier.
In terms of technical levels, the Mataf.net team locates next resistances at 91.00 and 91.25, while they place supports at 90.30, 89.85 and 89.05.
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