Tech on USD/JPY

Market news

14 December 2010

Tech on USD/JPY

Resistance 3:Y85.90 (high of September)
Resistance 2:Y84.30/40 (Nov 29, Dec 1, 2 and 8 high)
Resistance 1:Y83.60 (session high)
Current price: Y83.43
Support 1:Y83.10 (Dec 13 low, 61,8 % FIBO Y82,30-Y84,30)
Support 2:Y82.30 (Dec 7 low, 50,0 % FIBO Y80,20-Y84,40)
Support 3:Y81.80 (61,8 % FIBO Y80,20-Y84,40)

Comments: the pair remains under pressure. The nearest support - Y83,10. Below losses are possible to Y82.30. The nearest resistance - Y83,60. Above growth is possible to Y84.30/40.

Stock: Monday's review

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