FXstreet.com (Barcelona) - Dollar - Yen reached a one month high last week, however, according to Cornelius Luca, economist at Global Forex Trading, the cross remains mixed: Mixed trading should continue. The key level early this week is at 107.95 from a 50-point pivot that targets 107.45 and 108.45. Resistance and support levels, in Luca's opinion, stand as follows: Immediate resistance is seen at 108.45. Further resistance lies at 109.15 from a 50-point pivot that targets 109.65 and 108.65. Distant resistance is at 110.35 from another 50-point pivot, which targets 109.85 and 110.85. Below 107.45, support comes at 106.75 from a 50-point pivot that targets 106.25 and 107.25. Distant support lies at 105.60 from a 50-point pivot, which targets 105.10 and 106.10.
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