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FX.co ★ USD/JPY Intraday Technical Levels for August 14, 2012

USD/JPY Intraday Technical Levels for August 14, 2012

USD/JPY Intraday Technical Levels for August 14, 2012

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 78.83.

Resistance. 2: 78.68.

Resistance. 1: 78.52.

Support. 1: 78.33.

Support. 2: 78.18.

Support. 3: 78.02.

DESCRIPTION:

You should note for the levels of support. 3 (78.02) and resistance. 3 (78.83), in fact, the level being touched, USD/JPY will rebound from the previous minimum by 10 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,

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