FX.co ★ USD/JPY Intraday Technical Level For May 27th / 2011

TODAY TECHNCIAL LEVEL :

Resistance. 3 : 81.53.

Resistance. 2 : 81.37.

Resistance. 1 : 81.21.

Support. 1 : 81.01.

Support. 2 : 80.85.

Support. 3 : 80.69.

SHORT DESCRIPTION :

If the Support. 3 Level at 80.69 and the Resistance. 3 Level at 81.53 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.