Key Levels for Yen Traders Ahead of NFP
It’s been a quiet start for Asian traders as I suspected it might be. When we have a big release - like NFP - things often get a little q
Rowan Crosby•Friday, September 1, 2017•1 min read
It’s been a quiet start for Asian traders as I suspected it might be. When we have a big release – like NFP – things often get a little quiet.
However that gives us a good chance to prepare for what has the potential to be a vey volatility release. When there’s volatility around technicals are very handy as it allows us the time to make quick decisions.
As it stands the Yen is hovering around 110.00 after it couldn’t quite make it all the way up to 111.00.
Key Levels
|
Support |
Resistance |
|
109.00 |
110.50 |
|
108.40 |
111.00 |
|
108.26 |
111.42 |
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ABOUT THE AUTHOR
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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