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FX.co ★ USD/JPY Technical Analysis. Support And Resistance Levels For November 25, 2010

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Forex Analysis:::2010-11-25T07:59:21

USD/JPY Technical Analysis. Support And Resistance Levels For November 25, 2010

USD/JPY Technical Analysis. Support And Resistance Levels For November 25, 2010

Today Technical Levels :

Resistance. 3 : 83.94.
Resistance. 2 : 83.78.
Resistance. 1 : 83.61.
Support. 1 : 83.41.
Support. 2 : 83.24.
Support. 3 : 83.08.

Today Outlook :

It seems that the level of 83.75 serves as a strong Resistance and the mark of 83.25 as a strong Support during a couple of days. For the clear uptrend up, this currency must break out that strong Resistance (83.75) and close above 84.25. On the other hand, for the well-defined downside trend, this pair must break through below the level of 83.25 and close below the mark of 82.75. However please pay attention to today's Resistance. 3 (83.94) and today's Support. 3 (83.06); usually after hit these levels the USD/JPY reversal to up/down. But if after hit this level the pair is still going on their way until 50 pips it will indicate this pair has find its movement for today.

Analyst InstaForex
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