Technical analysis of USD/JPY for Aug 10, 2017

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In Asia, Japan will release the Tertiary Industry Activity m/m, PPI y/y, and Core Machinery Orders m/m data, and the US will release some Economic Data, such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, Core PPI m/m, Unemployment Claims, and PPI m/m. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 110.65.

Resistance. 2: 110.43.

Resistance. 1: 110.21.

Support. 1: 109.96.

Support. 2: 109.74.

Support. 3: 109.52.

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The material has been provided by InstaForex Company – www.instaforex.com

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