FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For June; 29th/2010.

This pair is still in ranging situation and there was no any significant movement yesterday; however here is the important level area for USD/JPY for today:

Resistance. 3 : 89.78.

Resistance. 2 : 89.61.

Resistance. 1 : 89.43.

Support. 1 : 89.21.

Support. 2 : 89.03.

Support. 3 : 88.85.

But, please pay attention to Resistance. 3 (89.78) level because if this level is hit by this pair, usually it is a tendency of reversing downwards for this pair again to the level of 89.68 to 89.58(maximal); but if this pair after the Break of Resistance. 3 still moves to 90.25 it seems this pair will continue the upward movement. On the other hand, if Support. 3 (88.84) will be hit, please pay careful attention to a reversal to upward movement again to 88.93 to 89.03 (maximal) level, if this pair after the break of Support. 3 still moves to 88.38 it seems this pair will continue the downward movement.

Here's the screenshot of the important levels for USD/JPY today: