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Instaforex Analysis

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Re: Instaforex Analysis

Post  IFX Matthias on Thu Sep 26, 2013 9:25 am

USD/JPY intraday technical levels for September 26, 2013

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TODAY's  TECHNICAL  LEVELS:
Resistance. 3 : 98.90.
Resistance. 2 : 98.71.
Resistance. 1 : 98.52.
Support. 1    : 98.28.
Support. 2    : 98.08.
Support. 3    : 97.89.  

DESCRIPTION:
Please, pay attention to the levels of support 3 (97.89) and resistance 3 (98.90). Normally, 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.  

More analysis - at instaforex.com
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IFX Matthias

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