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USDJPY Technical Analysis Forecast Thursday, May 08, 2014

ForexZig.com May 8, 2014

USDJPY Technical Analysis

In the past trading day forex currency pair USDJPY started the session at 101.730 and closed at 101.862.

Daily high was 102.002 and daily lowest rate was 101.428.

During the Asian trading the currency pair USDJPY started the session at 101.730 and closed at 101.562. Asian top price was 101.760, Asian bottom level was 101.529.

During the European trading the currency pair USDJPY started the session at 101.457 and closed at 101.518. European top price was 101.585, European bottom level was 101.428.

During the US trading the currency pair USDJPY opened at 101.647 and closed at 101.718. U.S. highest level was 102.002, US bottom rate was 101.572.

USDJPY Thursday, May 08, 2014 Daily analysis for USDJPY

Support Resistance levels for Thursday, May 08, 2014

S3 S2 S1 Pivot R1 R2 R3
100.952 101.190 101.526 101.764 102.100 102.338 102.674

USDJPY Forecast

We expect short-term shift at 0.037 and a long-term shift at 0.061 or our forecast is range and target 101.923.

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