FX : USD/JPY: Dollar bounced on 94.20 and tests 95.00
FXstreet.com (Barcelona) - Dollar decline from 97.75 high on August 7 has reached support at 2-week low 94.20, and the Dollar bounced during Asian session to test 95.00 level at the time of writing.
Initial resistance lies at 95.05/25 area (Aug 13 and 12 low) and above there, 95.40/50 (intraday/ Aug 14 high) and
95.70/80. On the downside, support levels lie at 94.50/60 (Jul 31 low), and below there, 94.20 (Aug 17 low) and 94.00 (Jul 29 low).
EUR/JPY decline from 137.85 high on August 13 has found support at 132.50 low on August 17, and the Euro has climbed during Asian session, reaching levels above 134.00 at the time of writing. Resistance levels lie at 134.19/20 and 134.85/90. Support levels lie at 133.20 and 132.50.
