FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 16th/2010

USD/JPY got a strong momentum against USD yesterday. However here is the important intraday level area for today:

Resistance. 3 : 87.75.

Resistance. 2 : 87.58.

Resistance. 1 : 87.41.

Support. 1 : 87.20.

Support. 2 : 87.02.

Support. 3: 86.85.

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.

The screenshot is below: