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FX.co ★ USD/JPY Intraday Technical Level For June 28th / 2011

USD/JPY Intraday Technical Level For June 28th / 2011

USD/JPY Intraday Technical Level For June 28th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 81.22

Resistance. 2 : 81.06.

Resistance. 1 : 80.90.

Support. 1 : 80.71.

Support. 2 : 80.55.

Support. 3 : 80.39.

SHORT DESCRIPTION :

If the Support. 3 Level at 80.39 and the Resistance. 3 Level at 81.22 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.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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