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FxWirePro: USD/JPY fails to jump above 105.00 mark, bias remains bearish

Wednesday, July 13, 2016 2:57 AM UTC

USD/JPY is currently trading around 104.10 marks.
It made intraday high at 104.87 and low at 103.94 levels.
Intraday bias remains bearish till the time pair holds key resistance at 104.98 marks.
A daily close above 104.98 will take the parity higher towards key resistances around 106.12 and 107.46 levels respectively.
On the other side, a sustained break below 102.45 will drag the parity down towards key supports at 101.47, 100.59, 99.99, 99.27 and 98.78 levels respectively.

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FxWirePro: USD/JPY fails to jump above 105.00 mark, bias remains bearish

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