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FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 28th/2010

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Forex Analysis:::2010-07-28T12:00:00

USD/JPY Technical Analysis. Support And Resistance Line For July; 28th/2010

Here is an important intraday level area for USD/JPY today:

Resistance. 3 : 88.24.

Resistance. 2 : 88.07.

Resistance. 1 : 87.89.

Support. 1 : 87.68.

Support. 2 : 87.50.

Support. 3 : 87.33.

Please, due pay attention to Support. 3 and Resistance. 3 levels; usually when this pair hit these two levels, it will make this pair to bounce from 10 Pips to 20 Pips; but if after USD/JPY breaks those levels (Support. 3 or Resistance. 3) and still goes to 50 Pips from those levels (Support. 3 or Resistance. 3); this pair seems to continue its movement towards.

The screenshot is below:

USD/JPY Technical Analysis. Support And Resistance Line For July; 28th/2010


Analyst InstaForex
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