15.08.201405:10 Forex Analysis & Reviews: Technical analysis of USD/JPY for August 15, 2014

Long-term review

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In Asia, Japan will not release any economic data today, and the US will release some economic data such as PPI m/m, Core PPI m/m, Empire State Manufacturing Index, TIC Long-Term Purchases, Capacity Utilization Rate, Industrial Production m/m, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations. 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's TECHNICAL LEVELS:
Resistance. 3: 103.03.
Resistance. 2: 102.73.
Resistance. 1: 102.63.
Support. 1: 102.37.
Support. 2: 102.17.
Support. 3: 101.97.

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