Tech on USD/JPY

Market news

1 May 2012

Tech on USD/JPY

Resistance 3: Y81.00 (МА (200) for Н1)
Resistance 2: Y80.40 (Apr 30 high)
Resistance 1: Y79.90 (session high)
Current price: Y79.90
Support 1: Y79.50 (high of November’2011)
Support 2: Y79.15 (61,8 % FIBO Y76.00-Y84.20)
Support 3: Y78.30 (area of highs of December and January)

PIMCO: “Econ growth may be positive but structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years."

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