FX.co ★ USD/JPY intraday technical levels for August 16, 2013

TODAY's TECHNICAL LEVELS:

Resistance. 3: 97.87.

Resistance. 2: 97.68.

Resistance. 1: 97.49.

Support. 1: 97.25.

Support. 2: 97.06.

Support. 3: 96.86.

DESCRIPTION :

Please, pay attention to the levels of support 3 (96.86) and resistance 3 (97.87). 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.

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group

InstaForex Companies Group

https://instaforex.com

Email : Arief.jakarta@indo.instaforex.com

Yahoo Messenger & Skype : Arief.ifx_jakarta

blog.mt5.com/arief

https://www.mt5.com/forex_analysis_award/profile/index/arief

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