FX.co ★ USD/JPY Intraday Technical Level For October 26th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 76.43.

Resistance. 2 : 76.28.

Resistance. 1 : 76.13.

Support. 1 : 75.94

Support. 2 : 75.79.

Support. 3 : 75.64.

DESCRIPTION :

Please note for the levels of support. 3 (75.64) and Resistance. 3 (76.43), generally when level is touched, the USD/JPY will turn around the opposite direction from the previous minimum of 10 to 20 pips, but if the levels are managed on a breakout over 50 pips then it would be a sign that these currencies have found trends on this day.