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Home » Forex Trading: EURUSD and USDJPY find their levels

Forex Trading: EURUSD and USDJPY find their levels

Posted by Greg Michalowski on Fri, 05/02/2008 - 8:42am in

The EURUSD once again found support against the 1.5369 level while the USDJPY found the resistance at the 105.65 level.  Both levels held twice so far. 

GBPUSD is testing the lows from yesterday at 1.9711-15 area.  EURGBP has consequently bounced fro the lows today and is testing the 21 houur moving average at 0.7813 (low was 0.7775). 

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