USD/JPY Intraday Technical Level For January 10th / 2012

TODAY TECHNICAL LEVEL :

Resistance. 3 : 77.21.

Resistance. 2 : 77.06.

Resistance. 1 : 76.91.

Support. 1 : 76.72.

Support. 2 : 76.57.

Support. 3 : 76.41.

DESCRIPTION :

Please note for the levels of support. 3 (76.41) and Resistance. 3 (77.21), generally when a level is touched, the USD/JPY will turn around 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.