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Technical analysis of USD/JPY for June 10, 2015

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In Asia, Japan will release the PPI y/y and Core Machinery Orders m/m. The US will publish some economic data on the Federal Budget Balance, 10-y Bond Auction, and Crude Oil Inventories . So, there is a strong probability that USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 125.04.

Resistance. 2: 124.80.

Resistance. 1: 124.56.

Support. 1: 124.25.

Support. 2: 124.01.

Support. 3: 123.76.

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