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31.10.2012 10:39 AM
USD/JPY Intraday Technical Levels for October 31, 2012

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TODAY'S  TECHNICAL  LEVELS:

 

 

Resistance 3: 80.01.
Resistance 2: 80.86.
Resistance 1: 79.70.
Support 1: 79.51.
Support 2: 79.35.
Support 3: 79.19.

DESCRIPTION:

 

Please, pay attention to the levels of support 3 (79.19) and resistance 3 (80.01). 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://instaforex.com
E-mail: [email protected]

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Arief Makmur
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