USD/JPY Intraday Technical Levels for October 04, 2012

TODAY's TECHNICAL LEVEL:

Resistance 3: 78.88.

Resistance 2: 78.73.

Resistance 1: 78.57.

Support 1: 78.38.

Support 2: 78.23.

Support 3: 78.07.

DESCRIPTION:

Please, pay attention to the levels of support 3 (78.07) and resistance 3 (78.88). 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 that these currencies have found trends today.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
Email : Arief.jakarta@indo.instaforex.com
Yahoo Messenger & Skype : Arief.ifx_jakarta