Resistance. 3 : 81.79.
Resistance. 2 : 81.632.
Resistance. 1 : 81.47.
Support. 1 : 81.27.
Support. 2 : 81.10.
Support. 3 : 80.94.
Our forecast for yesterday has been confirmed, the USD/JPY reversed up between 10 to 20 pips after it reached the Support. 3 at 80.94. However, after 81.00 level is hit, this pair seems to extend its downward movement upon the condition that it must break and close below 80.75. If this happens, there will be two targets for the movement the target. 1 is 80.50 and the target. 2 is 80.25. Nevertheless, if the USD/JPY goes up and breaks through 81.25 level, this will indicate the downside movement is over and this pair have a possibility going up again.
