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USD/JPY falls below 119.00

FXStreet (Córdoba) - The USD/JPY pair continued to decline during the American session and broke below 119.00. Price bottomed at 118.86, the lowest level since Monday.

Currently remains below 119.00, around the same level it had a week ago. Greenback field to hold to weekly gains, affected by disappointing economic data, that today added a new number with a decline in core durable goods orders (excluding transport).

Greenback is falling across the board on Friday during the US session while the yen is outperforming, boosted by the slide of USD/JPY below 119.00.

USD/JPY short term technical levels

To the upside, resistance levels lie at 119.15, 119.40 and 119.60 (daily high). On the opposite direction support could be seen at 118.75, 118.50/55 (April 17, 20 lows) and 118.30 (March 26 low).

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