TODAY's TECHNICAL LEVEL:
Resistance 3: 88.73.
Resistance 2: 88.56.
Resistance 1: 88.38.
Support 1: 88.16.
Support 2: 87.99.
Support 3: 87.81.
DESCRIPTION:
Please, pay attention to the levels of support 3 (87.81) and resistance 3 (88.73). Normally, 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
Email : Arief.jakarta@indo.instaforex.com