Technical analysis of USD/JPY for September 11, 2015

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In Asia, Japan will release data on the BSI Manufacturing Index. The US will reveal economic data about Federal Budget Balance, Prelim UoM Inflation Expectation, Prelim UoM Consumer Sentiment, and Core PPI m/m, PPI m/m. So, there is a strong probability that 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: 121.43.

Resistance. 2: 121.19.

Resistance. 1: 120.96.

Support. 1: 120.66.

Support. 2: 120.48.

Support. 3: 120.19.

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