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FX.co ★ USD/JPY Intraday Technical Levels for January 25, 2012

USD/JPY Intraday Technical Levels for January 25, 2012

USD/JPY Intraday Technical Levels for January 25, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 78.27.

Resistance. 2 : 78.12.

Resistance. 1 : 77.97.

Support. 1 : 77.78.

Support. 2 : 77.62.

Support. 3 : 77.47.

DESCRIPTION :

Please, turn attention to the rates of support. 3 (77.47) and resistance. 3 (78.27), on the whole, when a level is hit, USD/JPY will retrace from the last minimum by10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a token 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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