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Wednesday, May 4, 2011

Dollar index is still under strong selling pre45ure against the yen in nearly 81 points

Friday (29th) periods in New York in early trading, the dollar is still under strong selling pressure, against the yen fell to a one-month low after the rally failed 81.09.

earlier the dollar/Yen rally stymied 81.5, then fell again to the one-month low, the current currency trading in the vicinity of 81.2, 0.45% lower than the previous trading day. Valeria Bednarik,

FXstreet.com chief analyst said: "the dollar/Yen next support at 81.1, watch 80.8 after dropping below, and then was 80.5; Exchange rate above resistance at 81.6, break after watching 81.9, then was 82.2. "

23:28 ', US dollar/Japanese Yen 81.19/21.