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FX.co ★ USD/JPY Intraday Technical Levels for March 7, 2012

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Forex Analysis:::2012-03-07T07:25:33

USD/JPY Intraday Technical Levels for March 7, 2012

USD/JPY Intraday Technical Levels for March 7, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 81.23.

Resistance. 2 : 81.07.

Resistance. 1 : 80.91.

Support. 1 : 80.72.

Support. 2 : 80.56.

Support. 3 : 80.40.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (80.40) and resistance. 3 (81.23), 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.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group

Analyst InstaForex
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