Technical analysis of USD/JPY for July 07, 2015 Market Analysis Review

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n Asia, Japan will not release any economic data, but the US is expected to unveil data about IBD/TIPP Economic Optimism, JOLTS Job Openings, and Trade Balance. So, there is a strong probability that USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 123.37.

Resistance. 2: 123.12.

Resistance. 1: 122.89.

Support. 1: 122.60.

Support. 2: 122.36.

Support. 3: 122.12.

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