USDJPY maintains bearish trend this week, falls below 102 in Forex Trading

2014.02.14 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 at the 101.802 price level and below the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.400 while the low of day has reached to 101.561. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower today with support being found around the S1 support level.

Daily Pivot Point: 102.133
— S1 – 101.710
— S2 – 101.264
— S3 – 100.841
— R1 – 102.579
— R2 – 103.002
— R3 – 103.448


Weekly Pivot Points: USDJPY

Prices are currently trading just under the weekly pivot point on last day of trading this week. The USDJPY has been on an overall bearish trend this week after opening the trading week above the weekly pivot and has fallen below the 102 trading level.

Weekly Pivot Point: 101.869
— S1 – 101.169
— S2 – 100.046
— S3 – 99.346
— R1 – 102.992
— R2 – 103.692
— R3 – 104.815


By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

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