FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 2nd/2010.

After yesterday's slight downward movement the pair came back to the upward motion again. The important intraday level area is placed here today:

Resistance. 3 : 88.46.

Resistance. 2 : 88.29.

Resistance. 1 : 88.12.

Support. 1 : 87.90.

Support. 2 : 87.73.

Support. 3 : 87.55.

Please pay attention to Support. 3 and Resistance. 3; usually when this pair hits these two levels, it will bounce between 10 Pips and 20 Pips; but if after USD/JPY Breaks these levels and goes to 50 Pips; this pair seems to find its momentum to continue its movement. Here the screenshot below. However; pay attention to this day because this is the first Friday; US Market will release Non-Farm Payrolls and Unemployment Rate reports; please take care for trade this day.