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FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 1st/2010.

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Forex Analysis:::2010-07-01T12:00:00

USD/JPY Technical Analysis. Support And Resistance Line For July; 1st/2010.

We did not see any significant movement for this pair yesterday; however the important intraday significant area for USD/JPY is positioned here today:

Resistance. 3 : 88.79.

Resistance. 2 : 88.62.

Resistance. 1 : 88.44.

Support. 1 : 88.23.

Support. 2 : 88.05.

Support. 3 : 87.87.

Just, please, pay attention for Support. 3 and Resistance. 3; usually when this pair hits these two levels, it will bounce between 10 Pips and 20 Pips; but if after USD/JPY Breaks these 2 levels and go to 50 Pips; this pair seems to find its momentum to continues its movement.

USD/JPY Technical Analysis. Support And Resistance Line For July; 1st/2010.

Analyst InstaForex
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