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07.05.2012 10:19 AM
USD/JPY Intraday Technical Levels for May 07, 2012

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TODAY's   TECHNICAL   LEVEL :

Resistance. 3 : 80.21.

Resistance. 2 : 80.06.

Resistance. 1 : 79.90.

Support. 1 : 79.71.

Support. 2 : 79.55.

Support. 3 : 79.39.

 

DESCRIPTION :

Please consider the support 3 (79.39) and resistance levels 3 (80.21); In general when a level has been eached, the USD/JPY pair will rebound from the previous minimum by 10 to 20 pips, but in case levels are broken through by over 50 pips, then this will indicate that these currencies have found today's trends.
 

 

 

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com

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Arief Makmur
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