FX.co ★ USD/JPY Technical Analysis. Support And Resistance Levels For September 17, 2010

Here is an intraday important trading level for this pair today :

Resistance. 3 : 86.19.

Resistance. 2 : 86.02.

Resistance. 1 : 85.85.

Support. 1 : 85.64.

Support. 2 : 85.47.

Support. 3 : 85.30.

Suggestions:

Scalping from 10 pips to 20 pips near 184.47 Support. 3 for BUY and the Resistance. 3 for SELL; but please, pay attention, that if this pair is still moving for 47– 50 pips after breaking through the Support. 3 or the Resistance. 3, then it is likely to continue the advance, so please, change positions beforehand.

Market Outlook :

Analysts predict the strengthening of the yen in long term perspective will not be strong enough to survive. The weak yen is just a temporary event that lasted about three months. The government will try to do everything possible to maintain the recovery of the exporting countries.