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FX.co ★ USD/JPY Technical Analysis. Support And Resistance Levels For October 8, 2010

USD/JPY Technical Analysis. Support And Resistance Levels For October 8, 2010

USD/JPY Technical Analysis. Support And Resistance Levels For October 8, 2010

Resistance. 3 : 82.82.

Resistance. 2 : 82.66.

Resistance. 1 : 82.50.

Support. 1 : 82.30.

Support. 2 : 82.13.

Support. 3 : 81.96.

The US dollar traded near the lowest level since 1995 against the yen, on concern the US Federal Reserve will lower the value of the currency by buying government debt to support the economic growth. However, it is forecasted that the pair will trade in narrow range today ahead of publication of Non Farm Payrolls and Unemployment Rate data.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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