US Dollar / Japanese Yen Technical Levels

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US Dollar / Japanese Yen Technical Levels

charlie4573

09th May 2006

The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD

RESISTANCE: 112.15 then 112.55 then 112.90 then 113.35 then 114.20 then 114.45

SUPPORT: 111.50 then 111.00 then 110.80 then 109.30 then 109.00 then 108.75

Forex trading involves risk. Understand the extent of your (financial) liability. The above mentioned technical levels in no way constitute a solicitation to trade FX. This is merely a technical analysis identifying support and resistance levels where currency traders may have resting orders or are likely to take profits or limit trading losses.