FX.co ★ USD/JPY Intraday Technical Levels for January 04, 2013

TODAY'S TECHNICAL LEVELS:

Resistance 3: 88.11.
Resistance 2: 87.94.
Resistance 1: 87.77.
Support 1: 87.56.
Support 2: 87.38.
Support 3: 87.21.

DESCRIPTION:

Please pay attention to the levels of support 3 (87.21) and resistance 3 (88.11). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
E-mail: Arief.jakarta@indo.instaforex.com