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21.08.2012 10:06 AM
USD/JPY Intraday Technical Levels for August 21, 2012

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Today’s Technical Levels:
Resistance 3: 79.79.
Resistance 2: 79.63.
Resistance 1: 79.47.
Support 1: 79.29.
Support 2: 79.13.
Support 3: 78.97.

Description:
Please, pay attention to the levels of support 3 (78.97) and resistance 3 (79.79). 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 that these currencies have found trends today.

 

 

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://www.ifxwork.com
Email : Arief.ifx.jakarta@gmail.com

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Arief Makmur
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