Daily Market Overview: USD/JPY - Technical Analysis - Dukascopy Bank

Thu, 01 Dec 2011 16:51:01 GMT
Source: Dukascopy
 
© Dukascopy
Daily maximum: 77.80
Daily minimum: 77.49

The market participants' mean at 77.66 has been broken through as more investors purchased the American dollar versus Japanese yen on higher-than-forecast ISM Manufacturing PMI at 52.7, indicating the US economy is improving.

Daily Resistance: 78.08; 78.55; 78.95. 
Daily Support: 77.21; 76.81; 76.34. 
Daily Bias: Neutral.

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