USD/JPY holds above 102.30

FXStreet (San Francisco) - The USD/JPY found support at the 102.30 area after losing 30 pips from 102.60 in the American session. Now the pair is trading in consolidation mode at this level.

The USD/JPY is trading 0.38% positive in the day. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.

USD/JPY sentiment

Below the 102.30, the pair would face supports at 102.15 and 102.05. On the upside, the USD/JPY has supports at 101.75, 101.40 and 101.25.