USD/JPY Intraday Technical Levels for August 13, 2012

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 78.67.

Resistance. 2: 78.52.

Resistance. 1: 78.36.

Support. 1: 78.17.

Support. 2: 78.01.

Support. 3: 77.85.

DESCRIPTION:

Please, pay attention to the levels of support. 3 (77.85) and resistance. 3 (78.67), in general, when a level is touched, 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 of that these currencies have found trends today.

Best regards,