Home » Yen To Dollar Daily Chart » Analysis Yen Dollar 26 Nov 2009

Analysis Yen Dollar 26 Nov 2009

Dollar vs. Yen Chart 26 Nov 2009

Dollar vs. Yen Chart 26 Nov 2009

The dollar yen chart is now at 14 year low as traders & investors piled into the Yen on a tumultous day on the currency markets.   The dramatic rise in the Yen has prompted Hirohisa Fujii, Japan’s finance minister,  to say that ” he was watching forex market moves very closely and that the country could take appropriate steps if moves were ”abnormal”, – these comments have helped to pare some of the yen’s gains but with 87 price handle having broken then 85 could beckon (BOJ notwithstanding).

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Support & Resistance for the Dollar Yen Chart :

S1:  86.87   R1:  88.22

S2:  86.40   R2:  89.10

S3:  85.52    R3:  89.57