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USD/JPY hits fresh highs above 102.00

FXStreet (Córdoba) - The USD/JPY climbed further during the American session and reached at 102.15 a fresh 3-week high. Price remains near the highs, trading up 30 pips from today’s opening price.

The US dollar is the best performer on Tuesday and extended gains after Wall Street opening while US stocks are rising pushing the Dow Jones back above the 17,000 level.

USD/JPY technical levels

To the upside, above daily highs, relevant resistance levels could be located at 102.35, 102.80 and 103.10 while on the downside support might lie at 101.95, 101.60 and 101.20.

USD/CAD coming with a bullish bias short term - TDS

Shaun Osbourne, Chief FX Strategist at TD Securities explained that they remain positive on the USD outlook but are cautious of Canada’s prospects.
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