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Technical Analysis Daily: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 27, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US Dollar descended significantly yesterday against the Japanese Yen from Tuesday's top 109.91 to today's bottom 108.70, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues as we expect for today, next support further down is expected at 108.05,...

    complete article here...

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