USD/JPY Intraday Technical Level For September 13rd / 2011

TODAY TECHNICAL LEVEL :

Resistance. 3 : 77.50.

Resistance. 2 : 77.35.

Resistance. 1 : 77.20.

Support. 1 : 77.01.

Support. 2 : 76.86.

Support. 3 : 76.70.

DESCRIPTION :

Please note for the levels of Support. 3 (76.70) and Resistance. 3 (77.50), generally when level is touched, the USD/JPY will turn around to the opposite direction from the previous minimum of 10 to 20 pips, but if the levels are managed on a breakout over 50 pips then it would be a sign that these currencies have found trends this day.