Today’s Technical Level:
Resistance 3: 78.96.
Resistance 2: 78.80.
Resistance 1: 78.65.
Support 1: 78.46.
Support 2: 78.30.
Support 3: 78.14.
Description:
Please, pay attention to the levels of support 3 (78.14) and resistance 3 (78.96). 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
Email : Arief.ifx.jakarta@gmail.com