{"id":39868,"date":"2014-01-29T07:10:52","date_gmt":"2014-01-29T12:10:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=39868"},"modified":"2014-01-29T07:10:52","modified_gmt":"2014-01-29T12:10:52","slug":"usdjpy-falls-back-103-level-forex-trading","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2014\/01\/29\/usdjpy-falls-back-103-level-forex-trading\/","title":{"rendered":"USDJPY falls back under the 103 level in Forex Trading"},"content":{"rendered":"

2014.01.29 13:30 6:30AM ET | USDJPY Currency Pair<\/b><\/p>\n

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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 102.722 price level and below the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 103.433 while the low of day has reached to 102.674. The pair earlier today opened the Asian trading session slightly over the daily pivot and trended higher before finding resistance selling and falling back towards the day’s pivot.<\/p>\n

Daily Pivot Point:<\/b> 102.884
\n— S1 – 102.524
\n— S2 – 102.116
\n— S3 – 101.756
\n— R1 – 103.292
\n— R2 – 103.652
\n— R3 – 104.060<\/p>\n

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Weekly Pivot Points: USDJPY <\/b><\/p>\n

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Prices are currently trading under the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.<\/p>\n

Weekly Pivot Point:<\/b> 103.023
\n— S1 – 101.213
\n— S2 – 100.180
\n— S3 – 98.370
\n— R1 – 104.056
\n— R2 – 105.866
\n— R3 – 106.899<\/p>\n

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By CountingPips.com<\/b> – Forex Trading Apps & Currency Trade<\/a> Tools<\/p>\n

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

2014.01.29 13:30 6:30AM ET | USDJPY Currency Pair 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 102.722 price level and below the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day … <\/p>\n

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