FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 8th/2010.

USD/JPY after it hit the Support. 3 yesterday, already bounced up and found enough momentum upward until the breakout of Resistance. 3. However here is an important intraday level area for this pair today:

Resistance. 3 : 88.52.

Resistance. 2 : 88.35.

Resistance. 1 : 88.17.

Support. 1 : 87.96.

Support. 2 : 87.79.

Support. 3 : 87.61.

Please, pay attention to Support. 3 and Resistance. 3 levels; usually when this pair hits these two levels, it will make this pair bounces from 10 Pips to 20 Pips; but if after USD/JPY breaks those levels (Support. 3 or Resistance. 3) and still goes to 50 Pips from those levels (Support. 3 or Resistance. 3); this pair seems to continue its movement towards.

Here's the screenshot below: