USD/JPY intraday technical levels for July 8, 2013
July 8, 2013 8:43 amVideo
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TODAY’s NEWS RELEASES:
1. Current Account .
2. Bank Lending y/y .
3. Economy Watchers Sentiment.
TODAY’s TECHNICAL LEVELS:
Resistance. 3 : 101.76.
Resistance. 2 : 101.56.
Resistance. 1 : 101.36.
Support. 1 : 101.11.
Support. 2 : 100.92.
Support. 3 : 100.71.
DESCRIPTION :
Please, pay attention to the levels of support 3 (100.71) and resistance 3 (101.76). Normally, when a level is touched, the 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
Email : [email protected]
Yahoo Messenger & Skype : Arief.ifx_jakarta
blog.mt5.com/arief
http://www.mt5.com/forex_analysis_award/profile/index/arief
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