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Forex: USD/JPY: Decline from 95.05 extends below 94.00

The Dollar decline from 95.05 high on Monday has extended during Asian session, and the pair dropped from levels around 94.50 to 93.80 low. At the moment of writing, the Dollar is on an attempt to re gain 94.00 level.

Initial resistance lies at 94.60/70, and above here, 95.05 (Aug 24 high) and 95.30 (Aug 18 high). On the downside initial support lies at 93.65/85 area (Aug 20, 19 low), and below there, 93.40 (Aug 21 low) and 93.10 (Jul 22 low).

EUR/JPY has dropped from 136.09 high on Monday's European session, to hit session low at 143.00 on Tuesday's Asian session. At the moment, the Euro trades at levels around 134.40. Support levels lie at 133.90 and 133.40. Resistance levels are 134.40 and 135.45.

USD/JPY (Aug 25 at 07:17 GMT)

94.13/17 (-0.39%)

H 94.58 L 93.77

S3S2S1R1R2R3
93.644493.879794.115094.215094.450594.6861
[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Aug 25 at 07:15 (15-minute timeframe)

[ View USD/JPY Technical Studies ]

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