FX.co ★ USD/JPY Intraday Technical Level For June 14th /2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 80.61.

Resistance. 2 : 80.45.

Resistance. 1 : 80.29.

Support. 1 : 80.10.

Support. 2 : 79.94.

Support. 3 : 79.78.

SHORT DESCRIPTION :

If the Support. 3 Level at 79.78 and the Resistance. 3 Level at 80.61 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.