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    Technical analysis of USD/JPY for October 13, 2015


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    In Asia, Japan will release data on the Prelim Machine Tool Orders y/y, Consumer Confidence, Bank Lending y/y, and Monetary Policy Meeting Minutes. The US is expected to publish economic news on the Federal Budget Balance and NFIB Small Business Index. So, there is a strong probability that USD/JPY will move with low to medium volatility during this day.


    Resistance. 3: 120.50.

    Resistance. 2: 120.27.

    Resistance. 1: 120.03.

    Support. 1: 119.75.

    Support. 2: 119.51.

    Support. 3: 119.28.

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