USD/JPY closed the week on 103.00 at highs since August 2008

FXstreet.com (San Francisco) - the USD/JPY extended its advanced at the end of the American session with the pair level 103.00 and more beyond.

The dollar climbed around 40 pips against the yen in the last hour of Friday from 102.90 to reach 103,30 the highest since August 2008. USD/JPY is currently operating at 103.20, 0.92% positive on the day. Perspective stays slightly bullish in accordance with the trend of FXstreet.com index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are tiptoeing towards the North, whereas the stochastic is bearish.

In terms of technical standards, the next resistance may be encountered in 132.45 (maximum of 15 May) and 132.76 (maximum of 2013). On the other hand stands are at 131.25 (day/average of 10 days minimum) and 131.10 (maximum 10 April).