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07-11-2012, 07:30 AM #1
USD/JPY Intraday Technical Levels for July 11, 2012

TODAY's TECHNICAL LEVELS:
Resistance. 3: 79.71.
Resistance. 2: 79.55.
Resistance. 1: 79.40.
Support. 1: 79.21.
Support. 2: 79.05.
Support. 3: 78.89.
DESCRIPTION:
Please, note the levels of support. 3 (78.89) and resistance. 3 (79.71), in general, when a level is hit, USD/JPY can 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 of that these currencies have found trends for today.
Best regards,
The material has been provided by Instaforex Company - instaforex.com
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