Today’s Technical Levels:
Resistance 3: 78.51.
Resistance 2: 78.35.
Resistance 1: 78.20.
Support 1: 78.02.
Support 2: 77.86.
Support 3: 77.70.
Description:
Please, pay attention to the levels of support 3 (77.70) and resistance 3 (78.51). In general, when a level is touched, USD/JPY will rebound from the previous minimum by10 to 20 pips, but if the levels are broken through by over 50 pips, then it signifies 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.ifx.jakarta@gmail.com