Resistance. 3 : 81.51
Resistance. 2 : 81.38.
Resistance. 1 : 81.26.
Support. 1 : 81.10.
Support. 2 : 80.97.
Support. 3 : 80.84.
It seems the USD/JPY pair failed to reach the level of 80.25, thus indicating the level of 80.00 is a strong support for now. Today this pair will be traded in a range between 81.25 and 80.75; the breakout from this level can lead to a substantial movement. If today this pair can reach the Support. 3 (80.84), usually the USD/JPY will reverse to up between 10 pips to 20 pips. However, in case the pair after hit the support. 3 (80.84) still goes down to the mark of 80.23, this will indicate the strengthening of the USD/JPY at least for today. On the other hand, if the USD/JPY goes upwards until the Resistance. 3 (81.51), then there is a possibility that it will reverse downside between 10 pips to 20 pips. In case after hit the Resistance, 3 (81.51) this pair is still going up to 81.94; this will indicate the strong uptrend of the pair today.
