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USDJPY Technical Analysis Forecast Wednesday, May 11, 2016

ForexZig.com May 11, 2016

USDJPY Technical Analysis

In the former trading day forex currency pair USDJPY started the session at 108.475 and ended at 109.342.

Daily top rate was 109.366 and daily lowest rate was 108.271.

During the Asian trading the currency pair USDJPY started the session at 108.475 and ended at 108.670. Asian high was 108.769, Asian low was 108.271.

During the European trading the currency pair USDJPY started the session at 108.770 and ended at 109.233. European high was 109.256, European low was 108.686.

During the US trading the pair USDJPY started trading at 109.195 and closed at 109.220. U.S. top rate was 109.222, U.S. lowest level was 108.957.

USDJPY Wednesday, May 11, 2016 Daily analysis for USDJPY

Support Resistance levels for Wednesday, May 11, 2016

S3 S2 S1 Pivot R1 R2 R3
107.525 107.898 108.620 108.993 109.715 110.088 110.810

USDJPY Forecast

We expect short-term shift at 0.069 and a long-term shift at 0.044 or our forecast is range and to reach 109.386.

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