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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    First resistance for the Japanese Yen is the bottom from 4 January at 107.80, which limited the climbing on 17 January and 5 February. Next resistance further up is 108.80, which is 75.6% correction of the drop 110.05 - 105.00, followed by 110.00. In downward direction strong support is expected...

    complete article here...

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