USDJPY went down during the Asian trade

The American Dollar was traded lower against the Japanese Yen yesterday.

During the morning Asian trade, the currency pair USDJPY was trading at level of 82.43, which is decrease of 0.05%.


During the last session in November, the Japanese yen lost ground again against the U.S. dollar. The currency pair USDJPY opened the trading session with a value of 82.11, as even in the small hours of the morning it made a powerful rally, forcing it go up to a level of 82.47. There followed few hours of neutral movement, until around 9:00 a.m. the pair again shot up to the highest level of the session at 82.73. In the time remaining, until the close of the trading, USDJPY changed the course of its movement and finished the levels of 82.41. If the bullish sentiment for the pair continues, we may expect another attack, heading to the resistance of 82.75, which is highest level from Friday. On downside direction, USDJPY would probably head to the support located at 81.69 levels, a bottom from Wednesday.

At the same time, the greenback was traded lower against against the Euro and the British Pound, with EURUSD hitting the level of 1.2993 and GBPUSD going up to the level 1.6023.

Support: 81.69, 79.06, 77.42;
Resistance: 82.75;


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