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Forex pairs in this Article » USD/JPY (San Francisco) - The Dollar's recent decline against the Japanese Yen from 105.15 found support at 104.90 and now the pair is trading at 104.98, moving above the 20 MA level.

The USD/JPY is performing 0.15% negative on the day. The short term perspective remains strongly bearish according to the trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.

USD/JPY resistances

Immediate resistance is at 105.00 ahead of 105.15 and 105.45. On the downside, the USD/JPY would face support at 104.90, 104.70 and 104.40.
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