Wednesday, April 6, 2011

Japanese Yen USD/JPY

Japanese Yen currency was observed to weaken in the stock vs. Dollar, along with U.S. Treasury yields rose sharply to reach its highest point daily. Pair USD/JPY finally managed to penetrate the area 84.72. These currency pairs tend to seek support at level 84.38 and resistance at level 85.60.

Today is Wednesday, 6 - 04-2011 Price USD/JPY opened at level 84.87

Resistance 3: 86.82
Resistance 2: 86.03
Resistance 1: 85.60

Pivot Point: 84.81

Support 1: 84.38
Support 2: 83.59
Support 3: 83.16

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