FX.co ★ USD/JPY Intraday Technical Level For May 24th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 82.31.

Resistance. 2 : 82.15.

Resistance. 1 : 81.99.

Support. 1 : 81.79.

Support. 2 : 81.63.

Support. 3 : 81.47.

SHORT DESCRIPTION :

If the Support. 3 Level at 81.47 and the Resistance. 3 Level at 82.31 are hit, usually the pair will take a reverse by at least 10 to 20 pips. However, if this level is broken by the pair at least 50 pips, it will indicate that the USD/JPY has found its tendency for today.