FX.co ★ USD/JPY Intraday Technical Level For May 26th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 82.38.

Resistance. 2 : 82.22.

Resistance. 1 : 82.06.

Support. 1 : 81.85.

Support. 2 : 81.69.

Support. 3 : 81.53.

SHORT DESCRIPTION :

If the Support. 3 Level at 81.53 and the Resistance. 3 Level at 82.38 is 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.