Filed Under:
Forex pairs in this Article » USD/JPY
FXstreet.com (New York) - The USD/JPY foreign exchange rate has continued returning a portion of its gains Friday, easing slightly lower during European trading.

USD/JPY previous resistance proves too much to summit

Following a continuation of the general easing, the USD/JPY still operates positively, albeit at 97.51, now up only +0.25%. The Mataf.net analyst team calculates resistances ahead at 98.15, then 99.17, and ultimately 100.06. In regards to economic data, the US session looks to offer little surprises or insights.

USD/JPY upside in focus above 97.55

According to the Technical Analyst Team at ICN.com, “Linear Regression Indicator 34 managed to keep the positive bias as we see it trading now above 97.55 levels indicating the possibility of extending positivity. Trading above 96.10 will be considered positive during today’s session.”
comments powered by Disqus