USD/JPY intraday technical levels for October 03, 2013


TODAY's TECHNICAL LEVELS:
Resistance. 3 : 97.99.
Resistance. 2 : 97.80.
Resistance. 1 : 97.61.
Support. 1 : 97.38.
Support. 2 : 97.19.
Support. 3 : 96.99.

DESCRIPTION:
Please, pay attention to the levels of support 3 (96.99) and resistance 3 (97.99). 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