| USD-JPY Technical - 24/Feb |
| Written by Praful Patat |
| Thursday, 24 February 2011 05:32 |
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USDJPY is forming flag pattern on 1 hour chart, possibility to back from 81.83. If back from this area going further up side toward 84.76, 85.76. Break of 81.83 support level further going down to 81.51. In USDJPY, buyers will come around 81.83 area, then pull back from there.
New High: 82.69, 82.98, 82.79
New Low: 82.12, 82.41, 82.22
R3-83.14, R2-82.82, R1-82.78, PP-82.56, S1-82.35, S2-82.21, S3-81.99
USDJPY is forming flag pattern on 1 hour chart, possibility to back from 81.83. If back from this area going further up side toward 84.76, 85.76. Break of 81.83 support level further going down to 81.51. In USDJPY, buyers will come around 81.83 area, then pull back from there. New High: 82.69, 82.98, 82.79 New Low: 82.12, 82.41, 82.22 Pivot: R3-83.14, R2-82.82, R1-82.78, PP-82.56, S1-82.35, S2-82.21, S3-81.99
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