Monday, January 2, 2012

USDJPY Weekly (02/01/2012 – 06/01/2012)


USDJPY has given a good fall on Friday and can slide upto 76.70-76.60, but it can take support of it's November low of 76.56.
It has a good weekly support at 75.85 and resistance at 77.90 and a major resistance is at 78.65. For this week we can go long if it dips upto 76.60. Largely the trading range will be 76.50-77.90 for this week.

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