TODAY's  NEWS RELEASES:

1. Japan Monetary Policy Statement.

2. BOJ Press Conference.

TODAY's  TECHNICAL  LEVEL:

Resistance. 3 : 99.92.

Resistance. 2 : 99.73.

Resistance. 1 : 99.53.

Support. 1    : 99.29.

Support. 2    : 99.09.

Support. 3    : 99.89.

DESCRIPTION:

Please, pay attention to the levels of support 3 (99.89) and resistance 3 (99.92). 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 Group

InstaForex 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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