FX.co ★ USD/JPY Intraday Technical Levels For August 24, 2011

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.20.

Resistance. 2 : 77.05.

Resistance. 1 : 76.90.

Support. 1 : 76.71.

Support. 2 : 76.56.

Support. 3 : 76.41.

SHORT DESCRIPTION :

If Support. 3 Level at 76.41 and Resistance. 3 Level at 77.20 are hit, the pair will take a reverse by at least 10 to 20 pips. However, if this level is broken by the pair at least by 50 pips, it will indicate that USD/JPY has found its tendency for today.