2013.11.14 13:30 6:30AM ET | USDJPY Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading sharply higher than the daily pivot point at the 99.960 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today under the daily pivot and has trended almost straight up over the course of the day. The pair has reached a high so far at the major 100 level where resistance was met and prices retreated slightly. The 100 level looks to remain the most important obstacle today for the bulls going forward.
Daily Pivot Point: 99.331
— S1 – 98.995
— S2 – 98.764
— S3 – 98.428
— R1 – 99.562
— R2 – 99.898
— R3 – 100.129
Weekly Pivot Points: USDJPY
Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on a bullish pace this week after opening the trading week above the weekly and monthly pivots. Prices are currently trading above the R1 weekly resistance level.
Weekly Pivot Point: 98.721
— S1 – 98.040
— S2 – 96.929
— S3 – 96.248
— R1 – 99.832
— R2 – 100.513
— R3 – 101.624
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
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