FXStreet (San Francisco) - The USD/JPY's attempt to test the 103.00 level again suffered a setback at 102.75 where the pair found sell orders and it was launched back to trade around 102.50.
Currently, USD/JPY is trading at 102.56, down 0.05% on the day, having posted a daily high at 102.74 and low at 102.48. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is strongly bearish.
If the pair breaks below the 102.50, next supports would be at 102.30, 102.10 and 102.00. On the upside, 102.75, 103.00 and then 103.10 are resistances.