TODAY TECHNICAL LEVEL :
Resistance. 3 : 84.31.
Resistance. 2 : 84.14.
Resistance. 1 : 83.98.
Support. 1 : 83.77.
Support. 2 : 83.61.
Support. 3 : 83.44
TODAY OUTLOOK :
The USD/JPY is now trapped between the levels 83.68 and 84.10. However, if this pair can break out close below the level of 83.68, then the USD/JPY will try to reach the 83.50 level as a first target and the 83.25 level as a second target. In the other hand, if this pair breaks through and closes above 84.10, the pair will move upside to 84.25 as a first target and to 84.50 as a second target. Nevertheless, please pay attention to today’s Resistance. 3 and today Support. 3, usually after reaching one of these levels the USD/JPY reverses between 10 pips to 20 pips. If the pair after reaches one of these levels still goes more than 50 pips in the chosen direction, then this will denote that the USD/JPY has found its tendency for today.
