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FX.co ★ USD/JPY Intraday Important Level For August 25, 2011

USD/JPY Intraday Important Level For August 25, 2011

USD/JPY Intraday Important Level For August 25, 2011

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.33.

Resistance. 2 : 77.18.

Resistance. 1 : 77.02.

Support. 1 : 76.84.

Support. 2 : 76.68.

Support. 3 : 76.53.

SHORT DESCRIPTION :

If Support. 3 Level at 76.53 and Resistance. 3 Level at 77.33 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.

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