TODAY's TECHNICAL LEVELS:
Resistance 3: 88.51.
Resistance 2: 88.34.
Resistance 1: 88.16.
Support 1: 87.95.
Support 2: 87.77.
Support 3: 87.60.
DESCRIPTION:
Please, pay attention to the levels of support 3 (87.60) and resistance 3 (88.51). 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, 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
Email : Arief.jakarta@indo.instaforex.com