FX.co ★ USD/JPY Intraday Technical Levels for March 22, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 83.73.

Resistance. 2 : 83.57.

Resistance. 1 : 83.40.

Support. 1 : 83.20.

Support. 2 : 83.04.

Support. 3 : 82.87.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (82.87) and resistance. 3 (83.73), in general, when the level is touched, USD/JPY will retrace from the previous minimum by10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign of that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group