USD/JPY settling up on 102 handle

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - USD/JPY is trading at 102.21, up 0.42% on the day, having posted a daily high at 102.30 and low at 101.75.



USD/JPY has settled up for the 102 handle into the close for the US session with US markets heading off and packing up early on Wall Street for July 4th holidays after a day of optimism in the market boosting the dollar vs its G10 counterparts. At the time of writing, RSI is neutral at 59.93, down from 76.74 at the last hour close, while ADX is ranging at 13.88, down from 20.19 previous. Meanwhile, daily RSI is in neutral territory at 47.63.



USD/JPY Levels



Spot is presently trading at 102.21, and next resistance can be seen at 102.30 (Daily High), 102.41 (Daily Classic R3), 102.50 (Weekly Classic R2), 102.73 (Monthly High) and 102.82 (Weekly Classic R3). Support below can be found at 102.18 (Daily 100 SMA), 102.14 (Daily Classic R2), 102.01 (Hourly 20 EMA), 101.96 (Daily Classic R1) and (Weekly Classic R1).



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