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FX.co ★ USD/JPY Intraday Technical Levels for August 9, 2012

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Forex Analysis:::2012-08-09T06:46:39

USD/JPY Intraday Technical Levels for August 9, 2012

USD/JPY Intraday Technical Levels for August 9, 2012

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 78.90.

Resistance. 2: 78.74.

Resistance. 1: 78.59.

Support. 1: 78.39.

Support. 2: 78.23.

Support. 3: 78.08.

DESCRIPTION:

Please, pay attention to the levels of support. 3 (78.08) and resistance. 3 (78.90), in fact, this level being touched, USD/JPY will rebound from the previous minimum by 10 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,

Analyst InstaForex
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