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12:30 Tech on USD/JPY
Resistance 3: Y95.00 (psychological level)
Resistance 2: Y94.95 (May 4 and 5 2010 high
Resistance 1: Y94.05 (yesterday high)
Current price: Y93.81
Support 1: Y93.18 (February 4 high)
Support 2: Y92.43 (MA (100) for H1)
Support 3: Y91.95 (February 5 low)
Comments: As can be seen, the pair oscillates around the set yesterday high. It is worth noting that the 14-day relative strength index (RSI (14) at D1), is above 70, which indicates a possible change in the direction of price movement. At the same time, another trend reversal cure the divergence on MACD chart for both H1 and H4 for.
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