Tuesday, 25 March 2014

Technical analysis of USD/JPY for March 26, 2014 Trend News

The USD/JPY moved sideways in a narrow range between 102.01 and 102.50. Resistance is at 102.50, a break above this level will trigger another rise to test the 103.76 resistance. Support is at 102.01, a break down below this level will signal completion of the uptrend from 101.20, then the following downward movement could bring the price to the 100 and 98.00 zone.


USDJPYDaily.pngThe material has been provided by InstaForex Company - www.instaforex.com



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