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1 Apr 2014
USD/JPY extends gains to 103.65, fresh 4-week high
FXStreet (San Francisco) - The USD/JPY is extending gains on the session as the pair found a set of stops orders above 103.50 that fueled the pair to fresh highest since March 7 at 103.65.
Currently, USD/JPY is trading at 103.55, up 0.32% on the day, having posted a daily high at 103.63 and low at 103.09. The spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/JPY levels
Spot is presently trading at 103.55, and next resistance can be seen at 103.63 (Daily High), 103.79 (Weekly Classic R2), 103.82 (Daily Classic R2), 104.19 (Daily Classic R3) and 104.58 (Weekly Classic R3).
Next support to the downside can be found at 103.52 (Daily Classic R1), 103.45 (Yesterday's High), 103.32 (Monthly High), 103.31 (Weekly Classic R1) and 103.30 (Hourly 20 EMA).
Currently, USD/JPY is trading at 103.55, up 0.32% on the day, having posted a daily high at 103.63 and low at 103.09. The spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/JPY levels
Spot is presently trading at 103.55, and next resistance can be seen at 103.63 (Daily High), 103.79 (Weekly Classic R2), 103.82 (Daily Classic R2), 104.19 (Daily Classic R3) and 104.58 (Weekly Classic R3).
Next support to the downside can be found at 103.52 (Daily Classic R1), 103.45 (Yesterday's High), 103.32 (Monthly High), 103.31 (Weekly Classic R1) and 103.30 (Hourly 20 EMA).