Monday, 5 December 2011

USD/JPY down during the U.S. session ..

The U.S. Dollar was lower against the Japanese Yen on Monday.

USD/JPY was trading at 77.84, down 0.19% at time of writing.

The pair was likely to find support at 77.30, Wednesday’s low, and resistance at 78.16, Wednesday’s high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.23% to hit 1.3422 and GBP/USD rising 0.34% to hit 1.5651.

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