• Techs on USD/JPY

Market news

20 December 2010

Techs on USD/JPY

Resistance 3:Y86.40            
Resistance 2:Y85.90           
Resistance 1:Y84.50
Current price: Y83.87
Support 1:Y83.50         
Support 2:Y82.80         
Support 3:Y82.30        

Comments: In general, tech hasn't changed much. Resistance comes at Dec 15 high on Y84.50. Above there is a room for a rise up to Y85.90 (Sep high), then - to Y86.40 (Aug 13 high). Support is near Y83.50 (Dec 15 lows). Below losses may widen to Y82.80 (Dec 14 lows).

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