USD/JPY Intraday Important Levels for January 2, 2012

TODAY's TECHNICAL LEVELS:

Resistance. 3 : 77.41.

Resistance. 2 : 77.26.

Resistance. 1 : 77.11

Support. 1 : 76.92.

Support. 2 : 76.77.

Support. 3 : 76.61.

DESCRIPTION :

Please pay attention to the levels of support. 3 (76.61) and Resistance. 3 (77.41), generally when a level is touched, the USD/JPY will turn into 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 today.