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14 May 2015
USD/JPY falls below 119.00
FXStreet (Tokyo) - The US dollar is losing steam at the US opening bell with the USD/JPY falling back below 119.00 after losing 35 pips from 119.30 to 118.95.
Currently, USD/JPY is trading at 119.00, down 0.13% on the day, having posted a daily high at 119.35 and low at 118.89. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is strongly bearish.
USD/JPY levels
If the pair consolidates levels below 119.00, it will find supports at 118.90, 118.75 and 118.50. To the upside, resistances are at 119.30, 119.40 and 119.50.
Currently, USD/JPY is trading at 119.00, down 0.13% on the day, having posted a daily high at 119.35 and low at 118.89. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is strongly bearish.
USD/JPY levels
If the pair consolidates levels below 119.00, it will find supports at 118.90, 118.75 and 118.50. To the upside, resistances are at 119.30, 119.40 and 119.50.