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USD/JPY rises to 102.35 in the US closing bell

FXstreet.com (San Francisco) - After trading below the 102.00 area in the latest session hour, the USD/JPY has bounced at 101.85 to trade back at 102.35 just in the closing bell. Currently the USD/JPY is trading at 102.230, 1.30% positive on the day.

The short term perspective is, however, neutral in the 15-minutes chart according to the FXstreet.com trend index. Indicators such as MACD and CCI are bullish while the Momentum is bearish and the Stochastic is neutral.

Above 102.35, next resistances are at 102.50 and 102.60. On the downside, supports are at 102.00, 102.80 and 101.20.

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