Sunday, January 8, 2012

USD/JPY Intraday Technical Level For January 9th / 2012




TODAY  TECHNICAL  LEVEL :

Resistance. 3 : 77.35.
Resistance. 2 : 77.20.
Resistance. 1 : 77.04.
Support. 1 : 76.86.
Support. 2 : 76.70.
Support. 3 : 76.55.

DESCRIPTION :

Please note for the levels of support. 3 (76.55) and Resistance. 3 (77.35), generally when a level is touched, the USD/JPY will turn around the opposite direction from the previous minimum of 10 to 20 pips, but if the levels are managed on a breakout over 50 pips then it would be a sign that these currencies have found trends today.

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