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Gold •15 mins	1,283.60	-1.80	-0.14%
Platinum •15 mins	802.90	+3.40	+0.43%
Bitcoin •1 min	7,972.65	-19.69	-0.25%
WTI Crude •2 days	58.63	+0.72	+1.24%
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Silver •15 mins	14.56	-0.06	-0.40%

Silver • 15 mins	14.56	-0.06	-0.40%
Copper • 15 mins	2.700	+0.019	+0.71%
Ethereum • 1 min	248.34	-3.68	-1.46%
Brent Crude • 2 days	67.47	+0.97	+1.46%
Natural Gas • 2 days	2.611	+0.019	+0.73%

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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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