Resistance. 3 : 1.3839.
Resistance. 2 : 1.3773.
Resistance. 1 : 1.3733.
PIVOT : 1.3667
Support. 1 : 1.3601.
Support. 2 : 1.3561.
Support. 3 : 1.3495.
The USD/JPY is testing the 81.50 level, if this pair can break out and close above 81.59, the USD/JPY will advance and test the 81.75 level. On the other hand, if this pair can break out and close below 81.43, it is expected to go down to 81.25. 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 RECOMMENDATION :BUY if the USD/JPY can break out and close above 81.60; set Take profit at 81.75 as the first target and 82.00 as the second target.
SELL if the USD/JPY can break out and close bellow 81.25; set Take profit at 81.00 as the first target and 80.75 as the second target.