Technical analysis of USD/JPY for October 17, 2014



In Asia, Japan will not release any economic reports, but the US will release some economic data such as Building Permits, Housing Starts, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations, and the Fed Chair Yellen Speechaks. So there is a big probability the 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: 106.87.
Resistance. 2: 106.66.
Resistance. 1: 106.45.
Support. 1: 106.19.
Support. 2: 105.98.
Support. 3: 105.77.

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