USD/JPY Intraday Technical Levels for October 24, 2012

TODAY's TECHNICAL LEVELS:

Resistance 3: 80.28.

Resistance 2: 80.18.

Resistance 1: 79.96.

Support 1: 79.78.

Support 2: 79.62.

Support 3: 79.46.

DESCRIPTION:

Please, pay attention to the levels of support 3 (79.46) and resistance 3 (80.28). 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 that these currencies have found trends today.

Best regards,


Arief Makmur


Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
E-mail: Arief.jakarta@indo.instaforex.com