2013.12.20 13:30 6:30AM ET | USDJPY Currency Pair
Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading over the daily pivot point at the 104.408 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.583 while the low of day reached to 104.204. The pair earlier today opened the Asian trading session above the daily pivot on Friday and has trended higher over the course of the day with prices finding resistance in the R1 resistance area around 104.46.
Daily Pivot Point: 104.120
— S1 – 103.885
— S2 – 103.536
— S3 – 103.301
— R1 – 104.469
— R2 – 104.704
— R3 – 105.053
Weekly Pivot Points: USDJPY
Prices are currently trading well over the weekly pivot point after opening the trading week slightly above the weekly pivot. The USDJPY has been on an overall bullish trend this week after the US Federal Reserve decision to taper their stimulus program and the US dollar strength has pushed the USDJPY to touch the 104.50 level this week.
Weekly Pivot Point: 103.077
— S1 – 102.241
— S2 – 101.306
— S3 – 100.470
— R1 – 104.012
— R2 – 104.848
— R3 – 105.783
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
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