• USD/JPY holds tight

Market news

9 May 2011

USD/JPY holds tight

USD/JPY managed to challenge the Asian high of Y80.84 in Europe, before meeting resistance above Y80.80. Further supply comes towards $80.95 with stops on a break of Y81.00 and Y81.20. Bids remain from Y80.50/55 down to Y80.00. Dollar trades Y80.78.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.