USDJPY declines to below 102 threshold in Forex Trading Action

2014.02.20 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.02.20

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 101.961 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.401 while the low of day has been reached at 101.659. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower so far today with prices trading just above the S1 support level.

Daily Pivot Point: 102.198
— S1 – 101.937
— S2 – 101.580
— S3 – 101.319
— R1 – 102.555
— R2 – 102.816
— R3 – 103.173


Weekly Pivot Points: USDJPY

SC USDJPY 2014.02.20

Prices are currently trading just under 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


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