FX.co ★ USD/JPY Intraday Technical Level For June 9th /2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 80.50.

Resistance. 2 : 80.34.

Resistance. 1 : 80.18.

Support. 1 : 79.99.

Support. 2 : 79.83.

Support. 3 : 79.67.

SHORT DESCRIPTION :

If the Support. 3 Level at 79.67 and the Resistance. 3 Level at 80.50 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.