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August 11, 2014

USD/JPY Daily forex post- US session August 11, 2014

Posted by: ffs @ 13:14 GMT Category: Daily Forex,Signals,USD/JPY

USD/JPY Technical view

Updated:  August 11, 2014 13:14:03 GMT
SPOT USD/JPY Previous day OHLC
Open High Low Close Change
102.09 102.14 101.49 102.04 -0.05
Today's Support and Resistance
Resistance
Support
R3 103.10
R2 102.90
R1 102.50
S1 102.00
S2 101.80
S3 101.60

The greenback is inching higher versus the yen on Monday, in a light session. The gains could extend to 102.50- 103.00 in the near term, unless the dollar settles below key supports at 101.80- 102.00 yen

Trend direction

  • Short term: Bullish
  • Medium term: Bearish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
Post ID: 9802
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