Tech on USD/JPY

Market news

7 March 2011

Tech on USD/JPY

Resistance 3:Y83.50 (Feb 22 high)

Resistance 2:Y83.00 (Mar 4 high)

Resistance 1:Y82.40 (session high)

Current price: Y82.24

Support 1:Y82.10 (Mar 1 high, session low)

Support 2:Y81.60 (Feb 24 and 28, Mar 2 low)

Support 3:Y81.30 (support line from Dec 31)

Comments: the pair bargains above mark Y82,00. The nearest resistance - Y82.50. Above growth is possible to Y82.90. The nearest support - Y82,10. Below losses are possible to Y81.60.

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