USD/JPY trades at pre-central banks levels

FXStreet (San Francisco) - No matter the noise, the USD/JPY jumped to 105.20 and fell to 104.75 before returning to pre-central banks prices around 105.00.

Currently, USD/JPY is trading at 105.02, up 0.22% on the day, having posted a daily high at 105.21 and low at 104.76. USD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.

USD/JPY levels

If the pair decides to jump above 105.20, next resistances will be 105.30 and 105.40. On the downside, supports are at 104.75, 105.45 and 104.20.