USD/JPY remains near 150.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Since last week, the USD/JPY currency pair has fluctuated around the 150.00 mark. Support remains at the 149.50 mark and the 149.90 level. Resistance is encountered in the 150.65/150.90 range.

A potential surge would have to break the 150.65/150.90 range, before testing the combined resistance of the 151.00 level and the weekly R1 simple pivot point at 151.07. Higher above, the 151.50 level could act as resistance.

On the other hand, a decline of the USD/JPY has to pass the 149.90 and 149.50 level, before it approaches the weekly S1 at 149.11 and 149.00 mark.
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