FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For June; 18th/2010.

Yesterday We spotted a triangle formation at 60 Minutes Timeframe; so Our statement said that volatility will shrink for that pair and be careful for the breakout, and then the Breakout its happen and its going to "south"; here's the pictures :

However even the Downtrend is intac, here's the USD/JPY important level for this day :

Resistance. 3 : 91.39.

Resistance. 2 : 91.21.

Resistance. 1 : 91.03.

Support. 1 : 90.81.

Support. 2 : 90.63.

Support. 3 : 90.45.

Please take attention at Resistance. 3 if this level gonna hit this pair have a tendency to be turn around to down again at the level 91.29 to 91.19; but if this pair starting Break the Resistance. 3 and move to 91.87 seems this pair will continues to upward movement. In the other side if Support. 3 will hit, please take care for turn around to upward into 90.54 - 90.64 level, but because the yesterday downward movement seems have enough momentum, if this pair after break the Support. 3 and move to the 89.67 seems this pair will continues to the downward movement.