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12 Mar 2014
The USD/JPY consolidates around 102.70
FXStreet (San Francisco) - The US Dollar is trading in consolidation mode against the Japanese Yen following the latest bearish movement from the 103.10 traded overnight to test intraday lows around 102.63.
The USD/JPY is currently trading at 102.70, 0.35% negative on the day. The short term perspective is slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and the MACD are neutral.
USD/JPY levels
Below the 102.60, the USD/JPY would face support at 102.50, 103.30 and 102.12. On the upside, the pair would see resistances at 102.80, 103.00 and 103.40.
The USD/JPY is currently trading at 102.70, 0.35% negative on the day. The short term perspective is slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and the MACD are neutral.
USD/JPY levels
Below the 102.60, the USD/JPY would face support at 102.50, 103.30 and 102.12. On the upside, the pair would see resistances at 102.80, 103.00 and 103.40.