In FXstreet.com, it is reported today that USD/JPY has finally broken through 88.65 support, the floor of the latest two day's trading range, the Yen attacked 89.00 level on early Asian session, filed, and turned lower reaching a fresh 6-week low at 88.55.
In case of confirming decline below 88.65 (Nov 19 and 20 low), next support levels lie at 88.35 (Oct 9 low) and 88.00 (Oct 7 low). On the upside, resistance levels lie at 89.00 (session high), and above here, 89.15 (Nov 20 high) and 89.50 (Nov 18 and 17 high).
EUR/JPY bounced at 131.85 low on early Asian session, right above key support at 131.75/80, and the pair rallied through the session to reach 132.85 high. Resistance levels lie at 132.90/00 and 134.00. Support levels are 132.80 and 132.45/60
It was all about forex market's today's position. And the trend index was slightly bearish.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment