USD/JPY picking up some apatite again

By FXstreet.com | July 22, 2014 AAA

FXStreet (Guatemala) - USD/JPY is trading at 101.47, up 0.08% on the day, having posted a daily high at 101.62 and low at 101.33.



USD/JPY is active in higher territory of late, with an announcement overnight from Malaysia’s prime minister Najib Razak who is cooperating with the pro Russia separatists around the crash site and the recovery of bodies of passengers and “black boxes”. Meanwhile investigators to the crash site have un-restricted access to carry out an international investigation with military activity ending around the site.



USD/JPY Levels



With spot trading at 101.48, we can see next resistance ahead at 101.61 (Daily 20 SMA) and 101.70 (Daily Classic R3). Support below can be found at 101.46 (Hourly 200 SMA) and 101.43 (Hourly 100 SMA).



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