FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 12nd/2010.

Yesterday, this pair got a little bit of strong upward movement; however here are the important intraday trading levels for USD/JPY today:

Resistance. 3 : 89.55.

Resistance. 2 : 89.37.

Resistance. 1 : 89.20.

Support. 1 : 88.98.

Support. 2 : 88.81.

Support. 3 : 88.63

Please, pay attention to Support. 3 and Resistance. 3 levels; usually when this pair hits these two levels, it will make this pair to bounce 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: