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FX.co ★ USD/JPY Intraday Technical Levels for January 20, 2012

USD/JPY Intraday Technical Levels for January 20, 2012

USD/JPY Intraday Technical Levels for January 20, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.49.

Resistance. 2 : 77.34

Resistance. 1 : 77.19.

Support. 1 : 77.00.

Support. 2 : 76.85.

Support. 3 : 76.69.

DESCRIPTION :

Please, pay attention to the levels of support. 3 (76.69) and resistance. 3 (77.49), 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.

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