USDJPY finds some support and trades over 101 in Forex Trading

2014.02.04 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.02.04

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 101.302 price level and just under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 101.491 while the low of day has reached to 100.747. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher although with resistance being found at the daily pivot.

Daily Pivot Point: 101.378
— S1 – 100.354
— S2 – 99.747
— S3 – 98.723
— R1 – 101.985
— R2 – 103.009
— R3 – 103.616


Weekly Pivot Points: USDJPY

SC USDJPY 2014.02.04

Prices are currently trading under the weekly and monthly pivot points at time of writing. The USDJPY has been on an overall bearish trend this week after opening the trading week slightly below the weekly pivot.

Weekly Pivot Point: 102.390
— S1 – 101.344
— S2 – 100.709
— S3 – 99.663
— R1 – 103.025
— R2 – 104.071
— R3 – 104.706


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