2014.01.16 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 104.757 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.913 while the low of day reached to 104.546. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended higher to the R1 resistance level today.
Daily Pivot Point: 104.437
— S1 – 104.188
— S2 – 103.833
— S3 – 103.584
— R1 – 104.792
— R2 – 105.041
— R3 – 105.396
Weekly Pivot Points: USDJPY
Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has continued on an overall bullish trend this week after opening the trading week below the weekly pivot and bottoming at the S2 support area earlier in the week. The 105 area looks to provide resistance (where prices were capped last week) to more upside movement on Thursday and Friday.
Weekly Pivot Point: 104.438
— S1 – 103.534
— S2 – 102.915
— S3 – 102.011
— R1 – 105.057
— R2 – 105.961
— R3 – 106.580
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
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