USD/JPY top heavy on ‘risk-off Friday’

[John Starks]

FXstreet.com (San Francisco) - USD/JPY is under pressure this Friday in Asia, having traded down to a session low of 79.25 from 79.44 on some pre-weekend safe haven flows.

 

According to Valeria Bednarik, Chief Analyst at FXstreet.com, “price needs to break below the 79.20 lows to be able to extend its slide towards 78.80 strong static support,” she says. Beyond the mentioned level, further support is noted at 78.40. To the upside, resistance levels lie at 79.50, 79.80 and 80.10.

[Dab1493]

sure!!!!!!!!!!!!!