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16.11.2011 09:52 AM
USD/JPY Intraday Technical Level For November 16th / 2011

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TODAY  TECHNICAL  LEVEL :

Resistance. 3 : 77.50.

Resistance. 2 : 77.35.

Resistance. 1 : 77.20.

Support. 1 : 77.01.

Support. 2 : 76.86.

Support. 3 : 76.70.

 

DESCRIPTION :

Please note for the levels of support. 3 (76.70) and Resistance. 3 (77.50), generally when a level is touched, the USD/JPY will turn around the opposite direction from the previous minimum of 10 to 20 pips, but if the levels are managed on a breakout over 50 pips then it would be a sign that these currencies have found trends today.

 

Summary
Urgency
Analytic
Arief Makmur
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