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FX.co ★ USD/JPY Intraday Technical Levels for January 6, 2012

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Forex Analysis:::2012-01-06T07:21:31

USD/JPY Intraday Technical Levels for January 6, 2012

USD/JPY Intraday Technical Levels for January 6, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.57.

Resistance. 2 : 77.42.

Resistance. 1 : 77.26.

Support. 1 : 77.08.

Support. 2 : 76.92.

Support. 3 : 76.77.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (76.77) and Resistance. 3 (77.57), generally, when a level is touched, the USD/JPY pair will retrace into the opposite direction from the previous minimum by 10 to 20 pips, but if the levels are punctured by over 50 pips, then it will be a sign of that these currencies have found trends today.

Analyst InstaForex
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