FX.co ★ USD/JPY Technical Analysis. Support And Resistance Line For July; 21st/2010

Yesterday, after US Market Closed this pair already hit Resistance. 3 twice and got to our TakeProfit Level area (betwen 10 Pips to 20 Pips); here is the screenshot below:

The important level area for this pair today is:

Resistance. 3 : 87.68.

Resistance. 2 : 87.51.

Resistance. 1 : 87.34.

Support. 1 : 87.12.

Support. 2 : 86.95.

Support. 3 : 86.78.

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: