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FX.co ★ USD/JPY Intraday Technical Levels for February 29, 2012

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Forex Analysis:::2012-02-29T07:22:13

USD/JPY Intraday Technical Levels for February 29, 2012

USD/JPY Intraday Technical Levels for February 29, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 81.01

Resistance. 2 : 80.85.

Resistance. 1 : 80.70.

Support. 1 : 80.50.

Support. 2 : 80.34.

Support. 3 : 80.18.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (80.18) and resistance. 3 (81.01), in general, when a level is touched, USD/JPY will rebound from the previous minimum by10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign of that these currencies have found trends today.

Analyst InstaForex
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