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FX.co ★ USD/JPY Intraday Technical Levels for January 26, 2012

USD/JPY Intraday Technical Levels for January 26, 2012

USD/JPY Intraday Technical Levels for January 26, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 78.15.

Resistance. 2 : 78.00.

Resistance. 1 : 77.84.

Support. 1 : 77.66.

Support. 2 : 77.50.

Support. 3 : 77.35.

DESCRIPTION :

Today you should pay attention to the levels of support. 3 (77.35) and resistance. 3 (78.15), in general, when a level is hit, USD/JPY will rebound from the previous minimum by10 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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