FXstreet.com (San Francisco) - After trading in range between 78.50 and 78.60, the USD/JPY has fallen below this levels to trade at intra-day lows close to 78.42. Currently the pair is pricing 78.48, 0.12% below opening price action.

According to the AceTrader team, the pairs decent will be bolstered by supports at 78.42, 78.11 and finally 78.00. Should a rally continue, the resistance levels have been identified at 78.82, 78.95 and ultimately 79.17.