Friday, February 18, 2011

Forex – USD/JPY Up In European Trade

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 83.45, up 0.17% at time of writing.

The pair was likely to find support at 83.10, Monday’s low, and resistance at 83.97, Wednesday’s high.

Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.19% to hit 1.3583 and GBP/USD rising 0.31% to hit 1.6224.

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