USD/JPY Intraday Technical Levels for July 18, 2012

 


TODAY's   TECHNICAL   LEVELS:

Resistance. 3: 79.49.

Resistance. 2: 79.33.

Resistance. 1: 78.18.

Support. 1: 78.98.

Support. 2: 78.83.

Support. 3: 78.67. 

DESCRIPTION:

Please, pay attention to the levels of support. 3 (78.67) and resistance. 3 (79.49), 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,


Performed by Ариф Макмур, Analytical expert
InstaForex Companies Group © 2007-2011

Arief Makmur
Arief Makmur
Born May, 15th/1970 at Jakarta; Graduate from Trisakti University in 1998 at Major Corporate & Bussiness Law. Starting in Finance World in 1998 at Jakarta Stock Exchange & Familliar with Forex Market since December 2003.
120.00
Current rating :
Raise up

Analyst Portfolio
Types of Analysis: Technical analysis
Experience: 8 years
 Analytical Credo: If not broke; don't fix it !