Yesterday after Non Farm Payroll Release, this pair as we predicted, after the breach of the Support. 3 it bounced to upwards again, but in general there was no very significant movement; in my own opinion this pair seems still to trade in a ranging area with no too significant movement. However this is the important levels for this pair today:
Resistance. 3 : 88.37.
Resistance. 2 : 88.20.
Resistance. 1 : 88.02.
Support. 1 : 87.81.
Support. 2 : 87.64.
Support. 3 : 87.46.
Please pay attention to Support. 3 and Resistance. 3; usually when this pair hits these two levels, it bounces between 10 Pips and 20 Pips; but if after USD/JPY Breaks these levels and goes to 50 Pips; this pair seems to find its momentum to continue its movement.
Here's the screenshot below:
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