USD/JPY rockets above 102.00

FXStreet (San Francisco) - The greenback is joining the pro-dollar environment following the fed decision to cut another $10 Bn from its bond purchases and against the yen is not an exception. The USD/JPY jumped to trade around 200-hour MA at 102.30.

The USD/JPY is currently trading at 102.15, 0.67% positive on the day. Next key resistance for the pair would be 102.30 ahead of 102.50. On the downside, buyers must be aware of 101.90 and 101.30.