17 Jul 2014
USD/JPY extends declines to 101.20
FXStreet (San Francisco) - The USD/JPY is extending its declines from 101.55 to nearly 1-week lows around 101.20 amid risk aversion that was fueled by the Malaysian flight 17 tragedy.
Currently, USD/JPY is trading at 101.25, down -0.41% on the day, having posted a daily high at 101.71 and low at 101.23. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
USD/JPY levels
The pair would face next supports at 101.05 and 101.00 before 100.60. On the upside, resistances would be at 101.40, 101.60 and 101.75.
Currently, USD/JPY is trading at 101.25, down -0.41% on the day, having posted a daily high at 101.71 and low at 101.23. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
USD/JPY levels
The pair would face next supports at 101.05 and 101.00 before 100.60. On the upside, resistances would be at 101.40, 101.60 and 101.75.