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23 May 2014
USD/JPY grinding higher towards 20 DMA
FXStreet (Guatemala) - USD/JPY is trading at 101.83, up 0.09% on the day, having posted a daily high at 101.85 and low at 101.70.
USD/JPY is a slow grind higher on a positive open in the Nikkei again, up 0.51%, with the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/JPY Levels
Spot is presently trading at 101.83, and next resistance can be seen at 101.85 (Daily High), 101.86 (Daily 20 SMA), 101.94 (Daily Classic R1), 102.14 (Daily Classic R2) and 102.15 (Weekly Classic R1). Support below can be found at 101.83 (Yesterday's High), 101.74 (Weekly High), 101.73 (Daily Open), 101.73 (Weekly Classic PP) and 101.70 (Daily Low).
USD/JPY is a slow grind higher on a positive open in the Nikkei again, up 0.51%, with the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/JPY Levels
Spot is presently trading at 101.83, and next resistance can be seen at 101.85 (Daily High), 101.86 (Daily 20 SMA), 101.94 (Daily Classic R1), 102.14 (Daily Classic R2) and 102.15 (Weekly Classic R1). Support below can be found at 101.83 (Yesterday's High), 101.74 (Weekly High), 101.73 (Daily Open), 101.73 (Weekly Classic PP) and 101.70 (Daily Low).