USD / JPY back to Y89.00 in the wake lock profits

Market news

11 January 2013

USD / JPY back to Y89.00 in the wake lock profits

Rally USD / JPY at narrowing current account surplus of Japan (Y225.94 billion in November against Y414.1 billion) led the couple to a new high Y89.35 in early Asian trading. Early in the New York session, she again tried to take him and reached Y89.45.

However, the resistance line at Y89.30 was a good level to secure profits. To date, the pair USD / JPY fell to quickly Y89.00/10.

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