FXstreet.com (Barcelona) - USD/JPY has remained trading in a range between 94.60 to 94.85 during Monday's Asian session, after a sharp reverse suffered on Friday, dropping like a stone, from 95.85 high to levels right above 94.50.
Initial support level lies at 94.50 (Jun 31 low), and below there, 94.30 and 94.00 (Jul 29 low). On the upside, resistance levels are 94.85 intra-day high, and above here, 95.30/40 (Jul 27/29 high) and 95.90 (Jul 30 high).
EUR/JPY rally from 1.33.00 low on Jul 29 has found resistance around 135.50 area, the Euro reached 1.354.45 high on Monday's Asian session to drop afterwards to levels around 134.60 at the time of writing. Support levels lie at 134.50 and 134.25. Resistance levels are 135.60 and 136.10.
USD/JPY (Aug 03 at 07:29 GMT)
H 94.88 L 94.56
| S3 | S2 | S1 | R1 | R2 | R3 |
| 94.2862 | 94.5231 | 94.7600 | 94.9000 | 95.1372 | 95.3745 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Aug 03 at 07:25 (15-minute timeframe) |
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