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FX.co ★ USD/JPY Intraday Technical Levels for January 3, 2012

USD/JPY Intraday Technical Levels for January 3, 2012

USD/JPY Intraday Technical Levels for January 3, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.24.

Resistance. 2 : 77.09.

Resistance. 1 : 76.94.

Support. 1 : 76.76.

Support. 2 : 76.61.

Support. 3 : 76.45.

DESCRIPTION :

Please pay attention to the levels of support. 3 (76.45) and Resistance. 3 (77.24), generally, when a level is touched, USD/JPY will change the direction and rebound from the previous minimum of 10 to 20 pips, but if the levels manage to breakout by over 50 pips then it can be a sign of that these currencies have found trends 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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