TODAY'S TECHNICAL LEVELS:
Resistance. 3: 79.01.
Resistance. 2: 78.85.
Resistance. 1: 78.70.
Support. 1: 78.50.
Support. 2: 78.34.
Support. 3: 78.19.
DESCRIPTION:
You ought to consider the levels of support. 3 (78.19) and resistance. 3 (79.01), in general, when a level is 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.
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