Wednesday 11th, February 2015
Intraday Support & Resistance Levels
Technical Indicator Signals
Currency Pair Spotlight
USDJPY: The breakout of the USDJPY finally happened. The timing may be a little surprising as the breakout happened during the European session and was not driven by news or events. The rally can partially be attributed to the easing of safe-haven needs as the gap between Greek and EU leaders are narrowing. Once USDJPY rose above 119.20, buy stop orders rushed in and pushed the level to a new day high of 119.60. The Yen may depreciate to former highs at 120.80 and 121.80.
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Today’s Key Economic Calendar Events
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