USD/JPY Intraday Important Level For August 26, 2011

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.74.

Resistance. 2 : 77.59.

Resistance. 1 : 77.43.

Support. 1 : 77.24.

Support. 2 : 77.08.

Support. 3 : 76.93.

SHORT DESCRIPTION :

If Support. 3 Level at 76.93 and Resistance. 3 Level at 77.74 are hit, the pair will take a reverse by at least 10 to 20 pips. However, if this level is broken by the pair at least by 50 pips, it will indicate that USD/JPY has found its tendency for today.