Technical analysis of USD/JPY for August 11, 2014

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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