US Dollar on defensive today vs Japanese Yen in Forex Trading at 102 level

2014.02.19 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 102.032 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.406 while the low of day has been reached at 102.010. The pair earlier today opened the Asian trading session above the daily pivot and has trended steadily lower so far today.

Daily Pivot Point: 102.276
— S1 – 101.820
— S2 – 101.294
— S3 – 100.838
— R1 – 102.802
— R2 – 103.258
— R3 – 103.784


Weekly Pivot Points: USDJPY

Prices are currently trading virtually on top of the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.012
— S1 – 101.330
— S2 – 100.880
— S3 – 100.198
— R1 – 102.462
— R2 – 103.144
— R3 – 103.594


By CountingPips.comForex 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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