Tech on USD/JPY

Market news

5 June 2012

Tech on USD/JPY

Resistance 3: Y79.15 (May 31 high)

Resistance 2: Y78.90 (high of the European session on May 31)

Resistance 1: Y78.70 (Jun 1 high)

The current price: Y78.31

Support 1: Y78.00 (Jun 4 low)

Support 2: Y77.65 (Jun 1 low)

Support 3: Y77.35 (Feb 14 low)

Stocks: Monday’s review

London markets are again closed Tuesday, as the celebration of the Queen's Diamond Jubilee continue. However, the rest of Europe is open and markets are seen opening higher: the DAX up 34, the CAC up 19.

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