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.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    USD/JPY hovers around 119.50

  2. Forex News

    Barclays: USD/JPY to remain range-bound around 120 in the year ahead – eFXnews

  3. Forex News

    USD/JPY focus to remain at 118.11 – Commerzbank

  4. Forex News

    USD/JPY: investors might continue to fade any upticks – OCBC

  5. Forex News

    Trading Video: Ready Trend and Range Opportunities for Risk, Dollar

Trading Center