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FX.co ★ USD/JPY Intraday Technical Level For August 18th / 2011

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Forex Analysis:::2011-08-18T09:47:41

USD/JPY Intraday Technical Level For August 18th / 2011

USD/JPY Intraday Technical Level For August 18th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 77.00.

Resistance. 2 : 76.85.

Resistance. 1 : 76.69.

Support. 1 : 76.51.

Support. 2 : 76.35.

Support. 3 : 76.20.

SHORT DESCRIPTION :

If the Support. 3 Level at 76.20 and the Resistance. 3 Level at 77.00 is hit, usually the pair will take a reverse by at least 10 to 20 pips. However, if this level is broken by the pair at least 50 pips, it will indicate that the USD/JPY has found its tendency for today.

Analyst InstaForex
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