Tech on USD/JPY

Market news

31 May 2011

Tech on USD/JPY

Resistance 3: Y82.20/30 (МА (200/100) for D)

Resistance 2: Y81.90 (trendline resistance since April 7)

Resistance 1: Y81.75 (session high)

Current price: Y81.58

Support 1:Y80.70 (session low, May 16 low)

Support 2:Y80.20 (May 10 low)

Support 3:Y79.55 (May 5 low)

Comments: the pair gained on risk on trade. The nearest resistance - Y81.75. Above growth is possible to Y81.90. The nearest support - Y80.70. Below losses are possible to Y80.20.

Asian session:

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