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20 Jun 2013
USD/JPY falls to 97.10
FXstreet.com (San Francisco) - The US dollar has lost the 98.00 area against the Japanese yen and after falling around 90 pips from 98.00, the USD/JPY has traded at 97.10. Currently it's pricing at 97.25.
The USD/JPY is 0.84% positive on the day; however the short term perspective is slightly bearish in the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
Below the 97.10, next supports are at 97.00 and 96.70. On the upside, resistances are at 97.55, 98.00 and 98.25.
The USD/JPY is 0.84% positive on the day; however the short term perspective is slightly bearish in the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
Below the 97.10, next supports are at 97.00 and 96.70. On the upside, resistances are at 97.55, 98.00 and 98.25.