• Tech on USD/JPY

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22 December 2011

Tech on USD/JPY

Resistance 3: Y79.00 (Nov 1 high)

Resistance 2: Y78.30/45 (area of Nov 1-4 high)

Resistance 1: Y78.15 (Dec 15 high)

The current price: Y78.05

Support 1:Y77.85 (MA (233) H1)

Support 2:Y77.70 (area of Dec 20-21 low)

Support 3:Y77.50 (Dec 9 low)


Comments: the pair is consolidated in range Y77.70-Y78.15. In focus resistance Y78.15.

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