USDJPY ending the week on a bearish trend in Forex Trading, falls under 102.50

2014.01.31 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.01.31

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 102.364 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.925 while the low of day has reached to 102.280. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower towards a test of 102.00 major level.

Daily Pivot Point: 102.555
— S1 – 102.229
— S2 – 101.752
— S3 – 101.426
— R1 – 103.032
— R2 – 103.358
— R3 – 103.835

Weekly Pivot Points: USDJPY

SC USDJPY 2014.01.31

Prices are currently trading under the weekly pivot point on last trading day of the month. The USDJPY has been on an almost sideways trend this week with some ups and downs after opening the trading week well below the main weekly pivot.

Weekly Pivot Point: 103.023
— S1 – 101.213
— S2 – 100.180
— S3 – 98.370
— R1 – 104.056
— R2 – 105.866
— R3 – 106.899

By CountingPips.comForex Trading Apps & Currency Trade Tools

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