Thursday, March 17, 2011

Forex – EUR/JPY Down In Asian Trading Hours

Forex Pros – The Euro was lower against the Japanese Yen on Thursday.

EUR/JPY was trading at 113.43, down 0.06% at time of writing.

The pair was likely to find support at 111.97, Monday’s low, and resistance at 113.73, Tuesday’s high.

Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.06% to hit 1.3857 and EUR/GBP rising 0.001% to hit 0.8492.

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