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USD/JPY Analysis

9:49 PM

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.

Performed by Arief Makmur, Analytical expert
InstaForex Companies Group © 2007-2012

 
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