Technical analysis of USD/JPY for August 28, 2014



In Asia, Japan will not release any economic data news but the US will release its Prelim GDP q/q, Unemployment Claims, Prelim GDP Price Index q/q, Pending Home Sales m/m, and Natural Gas Storage data. So there is a big probability USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

Todays technical levels:
Resistance. 3: 104.29.
Resistance. 2: 104.09.
Resistance. 1: 103.98.
Support. 1: 103.63.
Support. 2: 103.43.
Support. 3: 103.22.

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