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FX.co ★ USD/JPY Technical analysis, Support and Resistance Levels for November 15, 2010

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Forex Analysis:::2010-11-15T09:21:54

USD/JPY Technical analysis, Support and Resistance Levels for November 15, 2010

USD/JPY Technical analysis, Support and Resistance Levels for November 15, 2010

Resistance. 3 : 83.00.
Resistance. 2 : 82.83.
Resistance. 1 : 82.67.
Support. 1 : 82.47.
Support. 2 : 82.31.
Support. 3 : 82.14.

After the USD/JPY broke through the mark of 82.75 it tries to reach a new target at 83.25, but before it moves to that level, this pair will meet with today Resistance. 3 at 83.00. Usually after hit this level the USD/JPY will reverse to downside between 10 pips to 20 pips, but if the pair after hit that level still goes up to the level of 83.44 this will indicate that the US Dollar strengthens against the Yen today.

Analyst InstaForex
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