USD / JPY Technical Forex Analysis for Forex Traders

USD/JPY Pair Breaks Multiple Support Levels

Through trading yesterday and early today the pair plunged through multiple support levels. The pair currently sits in an old resistance (now support) area.

A drop below the lows at 96.50 points to continued deterioration. First target is 96.25 followed by 96.00 and 95.60.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check forexpros. com