FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 6th/2010.

This pair is still in a narrow range; however the important intraday trading level area for this pair today is:

Resistance. 3 : 87.95.

Resistance. 2 : 87.78.

Resistance. 1 : 87.60.

Support. 1 : 87.39.

Support. 2 : 87.22.

Support. 3 : 87.04.

Please pay attention to Support. 3 and Resistance. 3; usually when this pair hits these two levels, it bounces 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's the screenshot below: