Japanese Yen (JPY), Daily Review, Feb 18 2010

By IBTimes Staff Reporter | February 18 2010 6:45 AM

The Dollar rose to its highest level in almost a month against the Yen after housing and production reports beat forecasts and Federal Reserve minutes showed officials debated shrinking the central bank's balance sheet. The main resistance is at 91.40 if it goes up from this level a long position is preferred. Overall, USD/JPY traded with a low of 90.13 and with a high of 91.38.No economic data expected today.

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USD/JPY-Last: 90.97

Resistance

91.40

Support

90.65

90.10

89.55

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