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FX.co ★ USD/JPY Intraday Technical Levels for January 08, 2013

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Forex Analysis:::2013-01-08T07:07:18

USD/JPY Intraday Technical Levels for January 08, 2013

USD/JPY Intraday Technical Levels for January 08, 2013

TODAY'S TECHNICAL LEVELS:

Resistance 3: 88.05.
Resistance 2: 87.87.
Resistance 1: 87.70.
Support 1: 87.49.
Support 2: 87.31.
Support 3: 87.14.

DESCRIPTION:

Please pay attention to the levels of support 3 (87.14) and resistance 3 (88.05). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
E-mail: Arief.jakarta@indo.instaforex.com

Analyst InstaForex
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