Friday, September 14, 2012

EURJPY AUDJPY GBPJPY Major Resistance Areas

Yen pairs EURJPY AUDJPY GBPJPY are at major resistance areas of their upward movement.

AUDJPY at 61.8 fibo of its fall from 88.5 to 74.5. This area is also previous support turned resistance. Price has previously crossed 50 fibo in single spike, looks like a great deal of stoploss were present above 50fibo level.








GBPJPY has crossed 50 fibo, a good resistance, but currently hitting at previous support turned resistance.




EURJPY is currently hitting 50 fibo of its fall from 111.50 to 94. 






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