Sunday 10 August 2014

Technical analysis of USD/JPY for August 11, 2014 Trend News

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In Asia, Japan will release the Tertiary Industry Activity m/m, M2 Money Stock y/y, BOJ Monthly Report, Consumer Confidence, Prelim Machine Tool Orders y/y and the US will not release any economic data sfor today. So there is a big probability for the USD/JPY will move with low to medium volatility during the Asian session, but with low volatility during the US session.


TODAY's TECHNICAL LEVELS:

Resistance. 3: 102.63.

Resistance. 2: 102.43.

Resistance. 1: 102.23.

Support. 1: 101.98.

Support. 2: 101.78.

Support. 3: 101.58.
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