FXStreet (Guatemala) - USD/JPY is trading at 103.88, having posted a daily high at 104.13 and low at 103.86.



USD/JPY has suddenly dropped the 104 handle despite fundamentals and technical offering bullish signals. However, there are no events surrounding the pair until the US opens so range trading should remain the theme and this could be simply a bottom of that range for the session with some give until key support at 103.70 ahead of 103.40.



USD/JPY support and resistance levels



Support levels: 103.70, 103.40 and 102.90



Resistance levels: 104.35, 104.80 and 105.25



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Video: Expectations of EURUSD and USDJPY Breaks Pushed to Next Week

  2. Forex News

    USD/JPY Asian bears emmerge before Greek referendum

  3. Forex News

    USD/JPY: 122.00 targeted on downside - FXStreet

  4. Forex News

    Video: Don’t Set Up for the Dollar, Euro and Equity Breaks Just Yet

  5. Forex News

    Dollar Regains Control as Retail FX Traders Switch Direction

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!