FXstreet.com (Buenos Aires) – USD/JPY Current Price: 95.17. Renewed attempt to break above 95.35 strong resistances failed, and the pair has turned slightly bearish in the hourly with 95.10 as first support zone to consider.
“20 SMA in the hourly is holding the upside, and as long as the pair remains above 95.00, chances of further rises remain valid. Break above yesterday’s high will send the pair to retest the 96.00 level,” said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 95.10 94.80 94.50. Resistance levels: 95.35 95.60 95.90.
USD/JPY (Aug 04 at 04:49 GMT)
H 95.46 L 95.05
| S3 | S2 | S1 | R1 | R2 | R3 |
| 94.6195 | 94.8573 | 95.0950 | 95.2850 | 95.5232 | 95.7614 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Aug 04 at 04:45 (15-minute timeframe) |
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