Resistance. 3 : 81.79.
Resistance. 2 : 81.63.
Resistance. 1 : 81.47.
Support. 1 : 81.27.
Support. 2 : 81.10.
Support. 3 : 80.94.
This pair by now has already been trading between 81.25 and 81.50 levels. If it can break out and close below 81.25, this will make the USD/JPY to go down to the mark 81.00; if today the momentum its strong enough, it will go down again to the 80.75 level. On the other hand if this pair can break out and close above 81.50, this will cause this currency to go up to 81.75, if the upside momentum is strong enough for today it will reach the mark 82.00. However, please pay attention to today’s Resistance. 3 and today’s Support. 3, usually after reaching one of these levels the USD/JPY reverses between 10 pips to 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 RECOMENDATION :BUY at 81.91 and set TakeProfit between 10 pips to 20 pips.
SELL at 81.71 and set TakeProfit between 10 pips to 20 pips.