Sunday, 26 August 2012

USD/JPY Up asian trading 8/27/2012

forex trading outlook today - USD/JPY Up asian trading 8/27/2012 : The U.S. Dollar was higher against the Japanese Yen on Sunday. USD/JPY was trading at 78.67, up 0.01% at time of writing.

The pair was likely to find support at 78.30, Wednesday’s low, and resistance at 79.53, Tuesday’s high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.05% to hit 1.2518 and GBP/USD rising 0.03% to hit 1.5816.

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