FX.co ★ USD/JPY Intraday Technical Levels for August 21, 2012

Today’s Technical Levels:
Resistance 3: 79.79.
Resistance 2: 79.63.
Resistance 1: 79.47.
Support 1: 79.29.
Support 2: 79.13.
Support 3: 78.97.

Description:
Please, pay attention to the levels of support 3 (78.97) and resistance 3 (79.79). In general, when a level is 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 that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email : Arief.ifx.jakarta@gmail.com