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Oct 26
USD/JPY Analysis-May 27,2011
Friday, 27 May 2011 03:31

Yesterday: Open 82.05 High 82.15 Low 81.16 81.38 Close : Testing Level 81.69

By American trading session begins, Yen experienced a sharp bearish on downside 70 pips. It also passed a few pips second support level at 81.31.

Currently, the yen still looks bearish.

There is no focus on economic data today for USD / JPY.

 

20110527_jpy

If the rise continues, prices likely headed to the 81.69 resistance level.

We recommend that when decreasing trend berkelanjut diagonal line through the 80.83 support level opportunities.

Prices shown on the graph H1 line MA05 and MA10 in bearish conditions.

While the Stochastic indicator indicating a bearish opportunity is limited.