TODAY TECHNICAL LEVEL :
Resistance. 3 : 81.46.
Resistance. 2 : 81.30.
Resistance. 1 : 81.14.
Support. 1 : 80.94.
Support. 2 : 80.78.
Support. 3 : 80.62.
TODAY OUTLOOK :
The pair has been trading in the ranging situation between the 80.75 and the 81.25 levels. However, pay attention for the today's Resistance. 3 and today's Support. 3; usually after reaching one of these levels the pair reverses between 10 pips to the 20 pips; if the pair reaches one of these levels and still goes more than 50 pips in the chosen direction, this will denote that the USD/JPY has found its tendency for today.
TODAY RECOMMENDATION :
BUY if this pair can break out the 81.25 level, set Take profit at 81.50.
SELL if this pair can break out the 80.75 level, set Take profit at 81.50.
