FX.co ★ USD/JPY Intraday Technical Level For October 25th / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 76.56.

Resistance. 2 : 76.41.

Resistance. 1 : 76.26.

Support. 1 : 76.07

Support. 2 : 75.92.

Support. 3 : 75.76.

DESCRIPTION :

Please note for the levels of support. 3 (75.76) and Resistance. 3 (76.56), generally when level is touched, the USD/JPY will turn around the opposite direction from the previous minimum of 10 to 20 pips, but if the levels are managed on a breakout over 50 pips then it would be a sign that these currencies have found trends on this day.