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USDJPY Technical Analysis Forecast Monday, July 08, 2013

ForexZig.com July 8, 2013

USDJPY Technical Analysis

In the former trading day forex currency pair USDJPY started the session at 100.108 and closed at 101.146.

Daily high was 101.219 and daily low was 99.883.

During the Asian trading the currency pair USDJPY started the session at 100.108 and closed at 100.391. Asian top rate was 100.454, Asian low was 100.101.

During the European trading the currency pair USDJPY started the session at 100.313 and closed at 99.963. European top rate was 100.360, European low was 99.883.

During the US trade the pair USDJPY opened at 100.002 and closed at 100.936. US highest level was 101.132, US low was 99.995.

USDJPY Monday, July 08, 2013 Daily analysis for USDJPY

Support Resistance levels for Monday, July 08, 2013

S3 S2 S1 Pivot R1 R2 R3
98.944 99.413 100.280 100.749 101.616 102.085 102.952

USDJPY Forecast

We expect short-term shift at 0.024 and a long-term adjustment at 0.197 or our forecast is range and target 101.343.

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