Tech on USD/JPY

Market news

14 September 2011

Tech on USD/JPY

Resistance 3: Y77.60 (Sep 8 and 12 high)

Resistance 2: Y77.40 (high of american session on Sep 12)

Resistance 1: Y77.05 (session high)

Current price: Y76.85

Support 1:Y76.75/80 (area of Sep 12-13 low)

Support 2:Y76.50 (Sep 2 low)

Support 3:Y76.25/30 (Aug 1 low)

Comments: the pair remains under pressure. The immediate support - Y76.75. Below losses are possible to Y76.50. The immediate resistance - Y77.05. Above growth is possible to Y77.40.

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