USD/JPY hits fresh highs above 102.00

By FXstreet.com | Updated July 29, 2014 AAA

FXStreet (Córdoba) - The USD/JPY climbed further during the American session and reached at 102.15 a fresh 3-week high. Price remains near the highs, trading up 30 pips from today’s opening price.



The US dollar is the best performer on Tuesday and extended gains after Wall Street opening while US stocks are rising pushing the Dow Jones back above the 17,000 level.



USD/JPY technical levels



To the upside, above daily highs, relevant resistance levels could be located at 102.35, 102.80 and 103.10 while on the downside support might lie at 101.95, 101.60 and 101.20.



Related Forex Analysis
  1. Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market
    Forex News

    Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market

  2. Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key
    Forex News

    Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key

  3. Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar
    Forex News

    Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar

  4. Strategy Video: A Volatile Thanksgiving Week for FX?
    Forex News

    Strategy Video: A Volatile Thanksgiving Week for FX?

  5. USD/JPY consolidates below 118.00
    Forex News

    USD/JPY consolidates below 118.00

Trading Center