FX.co ★ USD/JPY Intraday Technical Levels for March 6, 2012

TODAY's TECHNICAL LEVEL :

Resistance. 3 : 82.81.

Resistance. 2 : 81.65.

Resistance. 1 : 81.49.

Support. 1 : 81.29.

Support. 2 : 81.12.

Support. 3 : 80.96.

DESCRIPTION :

Please, consider the support 3 (80.96) and resistance 3 (82.81) levels. In general, when the levels is passed through, the USD/JPY pair will rebound from the previous minimum by10 to 20 pips, but if the levels are broken through by over 50 pips, this can be considered as sign of the fact that these currencies have found today's trends .

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group