TODAY's TECHNICAL LEVELS: Resistance. 3 : 99.43. Resistance. 2 : 99.23. Resistance. 1 : 99.04. Support. 1 : 98.80. Support. 2 : 98.61. Support. 3 : 98.41. DESCRIPTION: Please, pay attention to the levels of support 3 (98.41) and resistance 3 (99.43). Normally, 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.
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Friday, September 27, 2013
USD/JPY intraday technical levels for September 27, 2013
TODAY's TECHNICAL LEVELS: Resistance. 3 : 99.43. Resistance. 2 : 99.23. Resistance. 1 : 99.04. Support. 1 : 98.80. Support. 2 : 98.61. Support. 3 : 98.41. DESCRIPTION: Please, pay attention to the levels of support 3 (98.41) and resistance 3 (99.43). Normally, 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.