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FX.co ★ USD/JPY Intraday Technical Levels for March 2, 2012

USD/JPY Intraday Technical Levels for March 2, 2012

USD/JPY Intraday Technical Levels for March 2, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 81.65.

Resistance. 2 : 81.49.

Resistance. 1 : 81.33.

Support. 1 : 81.13.

Support. 2 : 80.96.

Support. 3 : 80.80.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (80.80) and resistance. 3 (81.65), 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 of that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group

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