Filed Under:
Forex pairs in this Article » USD/JPY (Moscow) – USD/JPY shows a strong rebound to 101.98 session high after it touched 101.38 lows early in the morning.

USD/JPY rally won’t be interrupted by the US data

The Japanese stock market gave the pair what it needed. Nikkei closed up 0.56% at 14,393.11. The news helped the pair resume the rise, climbing above 101.93 central pivot point, and targeting the nearest resistance level 102.30. Closed for today American markets may support the positive move, as the market won’t see any negative surprises from the US reports.

What are today’s key USD/JPY levels?

Today's central pivot point can be found at 101.93, with support below at 101.44, 101.07 and 100.58, with resistance above at 102.30, 102.79, and 103.15. Hourly Moving Averages are bearish, with the 200SMA at 102.00 and the daily 20EMA at 102.54. Hourly RSI is neutral at 37.
comments powered by Disqus