FX.co ★ USD/JPY Intraday Technical Support and Resistance for May 18th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 81.82.
Resistance. 2 : 81.66.
Resistance. 1 : 81.50.
Support. 1 : 81.30.
Support. 2 : 81.13.
Support. 3 : 80.97.

SHORT DESCRIPTION :

If the Support. 3 Level at the 80.97 and the Resistance. 3 Level at the 81.82 are hit, usually the pair takes a reverse by at least 10 to 20 pips. However, if this level can be broken by the pair at least 50 pips, it will indicate that the USD/JPY found its tendency for today.