Technical analysis of USD/JPY for August 13, 2014



In Asia, Japan will release the Prelim GDP q/q, Monetary Policy Meeting Minutes, Prelim GDP Price Index y/y, and the US will release some economic data such as Core Retail Sales m/m, Retail Sales m/m, Business Inventories m/m, Crude Oil Inventories, 10-y Bond Auction. So there is a big probability the USD/JPY will move with low to medium volatility during the day.

TODAY's TECHNICAL LEVELS:
Resistance. 3: 102.78.
Resistance. 2: 102.38.
Resistance. 1: 102.46.
Support. 1: 102.13.
Support. 2: 101.93.
Support. 3: 101.73.

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