USD/JPY Daily forex post- US session August 15, 2014

USD/JPY Technical view

Updated:  August 15, 2014 13:52:18 GMT
SPOT USD/JPY Previous day OHLC
Open High Low Close Change
102.43 102.65 102.28 102.43 0.02
Today's Support and Resistance
Resistance
Support
R3 103.10
R2 102.90
R1 102.50
S1 102.10
S2 101.90
S3 101.60

The dollar is higher versus the yen on Friday, holding above near term bullish breakouts at 102.50. Close above and the gains should extend to 102.90- 103.10, where they are likely to pause. Overall view bullish

Trend direction

  • Short term: Bearish
  • Medium term: Bullish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION