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04.04.201210:41 Forex Analysis & Reviews: USD/JPY Intraday Technical Levels for April 04, 2012

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 04.04.2012 analysis

TODAY's  TECHNICAL  LEVELS:

 

Resistance. 3 : 83.21.

Resistance. 2 : 83.05.

Resistance. 1 : 82.88.

Support. 1 : 82.68.

Support. 2 : 82.52.

Support. 3 : 82.35.

 

DESCRIPTION :

Please, pay attention to the levels of support. 3 (82.35) and resistance. 3 (83.21), 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 of that these currencies have found trends today.
 

 

 

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group

 

Arief Makmur
Analytical expert of InstaForex
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