USD/JPY trades around 137.00

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


Since the middle of Friday's trading, the USD/JPY has been fluctuating around the 137.00 mark in the range between 136.70 and 137.40.

If the pair resumes its surge, it could encounter resistance in the 137.50, 138.00 and the 138.50 levels. In addition, take into account the weekly R1 simple pivot point at 138.55.

On the other hand, a decline of the US Dollar, compared to the Japanese Yen, might find support in the 136.50 level and the 50-hour simple moving average. Further below, note the 136.00 level.
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Mon, 22 Aug 2022 14:09:34 GMT

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