Tech on USD/JPY

Market news

6 June 2012

Tech on USD/JPY

Resistance 3: Y79.65 (May 29 high)

Resistance 2: Y79.30 (May 28-29 low)

Resistance 1: Y79.15 (May 31 high)

The current price: Y78.93

Support 1: Y78.60 (session low)

Support 2: Y78.00/10 (area of Jun 4-5 low)

Support 3: Y77.65 (Jun 1 low)

Stocks: Tuesday’s review

European bourses are seen trading higher Wednesday, as London markets return to the fray after the extend holiday to celebrate the Diamond Jubilee: the FTSE up 27, the DAX up 66 and the CAC up 28.

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