Key Levels for Yen Traders Ahead of NFP - Forex News by FX Leaders

Key Levels for Yen Traders Ahead of NFP

Posted Friday, September 1, 2017 by
Rowan Crosby • 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

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

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.
Related Articles
Comments

Leave a Reply

avatar
  Subscribe  
Notify of