FX : USD/JPY: Dollar bounces at 93.20 and approaches 93.90/00 area
FXstreet.com (Barcelona) - The Dollar declined on Thursday to a fresh one-month low at 93.22 to bounce afterwards and approach 93.90/00 resistance area ahead of the European session opening.
Initial resistance area lies at the mentioned 93.90/00, and above here, next resistance levels lie at 94.30/40, and 94.65 (Aug 25 high). On the downside, initial support lies at 93.55/60 and below here, 93.20 (Aug 27 low) and 93.00 (Jul 22 low).
EUR/JPY decline from 136.00 high on August 24 found support on Thursday at 132.90, and the pair bounced, to reach 134.90 high on Asian session. Resistance levels lie at the mentioned 134.90 and 135.00/20. On the downside, support levels are 134.45 and 134.00.
