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

Related Forex Analysis
  1. Forex News

    Weekly Trading Forecast: How Far can the Dollar Go in 2014?

  2. Forex News

    Japanese Yen May Resume Recovery on Year-End Capital Flows

  3. Forex News

    US Dollar Targets Fresh Highs versus Euro, but What Could Change?

  4. Forex News

    USD/JPY rises to 1-week highs

  5. Forex News

    USD/JPY: heading to 121.85? - Scotiabank

Trading Center