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USD/JPY attempts to recover above 114.00

FXStreet (Córdoba) - USD/JPY managed to rise back above 114.00 after falling during the European session to 113.84, reaching the lowest price since last Wednesday.

USD/JPY technical levels

The recovery found resistance at 114.25/30; above here the next resistance could be located at 114.55/60 (daily high), followed by 115.10. On the downside, 114.00 could offer some support ahead of Wall Street opening, where futures are positive; and below here at 113.85 (daily low), followed by 113.15 (Nov 4 low).

No data ahead

No economic reports will be released in the US on Monday and on Tuesday it will be a holiday, markets will remain open but for the second day in a row, no new numbers will be published. The most important economic report during the week in the US, will be on Friday with October retail sales.

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