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USDJPY Technical Analysis Forecast Tuesday, May 06, 2014

ForexZig.com May 6, 2014

USDJPY Technical Analysis

Within the preceding trading day forex currency pair USDJPY started the session at 102.249 and ended at 102.146.

Daily top level was 102.249 and daily low was 101.858.

At the time of the Asian trade the currency pair USDJPY started the session at 102.249 and ended at 101.881. Asian highest price was 102.249, Asian bottom rate was 101.858.

At the time of the European trade the currency pair USDJPY started the session at 101.950 and ended at 101.944. European highest price was 102.109, European bottom rate was 101.880.

At the time of the U.S. trade the currency pair USDJPY started trading at 101.961 and closed at 102.067. U.S. top rate was 102.129, US lowest rate was 101.888.

USDJPY Tuesday, May 06, 2014 Daily analysis for USDJPY

Support Resistance points for Tuesday, May 06, 2014

S3 S2 S1 Pivot R1 R2 R3
101.529 101.693 101.920 102.084 102.311 102.475 102.702

USDJPY Forecast

We foresee short-term adjustment at 0.046 and a long-term adjustment at -0.009 or our forecast is range and to reach 102.137.

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