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Gold •15 mins	1,417.80	-3.90	-0.27%
Platinum •15 mins	859.80	-1.80	-0.21%
Bitcoin •1 min	10,130.99	-189.39	-1.84%
WTI Crude •11 mins	57.12	+0.35	+0.62%
Gasoline •10 mins	1.813	-0.001	-0.07%
Silver •15 mins	16.39	-0.09	-0.55%

Silver • 15 mins	16.39	-0.09	-0.55%
Copper • 15 mins	2.706	+0.006	+0.22%
Ethereum • 1 min	216.91	-0.86	-0.40%
Brent Crude • 55 mins	63.83	+0.57	+0.90%
Natural Gas • 11 mins	2.267	-0.008	-0.35%

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USD/JPY - Trading In Range

By - Aug 11, 2016, 6:46 AM CDT

USD/JPY's short-term buying pressures have faded around hourly resistance given at 102.83 (02/08/2016 high). A failure to go above 102.83 indicates a continued medium-term bearish momentum. Hourly support is given at 100.68 (02/08/2016 low).

We favour a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

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