Yen continues to consolidate around 120 level which acts as mid point of a symmetrical triangle. Daily range gets smaller every day as the pair moves sideways. This kind of pattern typically breaks when price is in it's last third. Following a breakout there may be potential for up to 300 pips to either side of the pattern. Tomorrow's NFP report may well provide a decent impetus for a breakout.

Support:
119.25 - 119.50 (Daily Support 1, 50's, Previous Day Low, Weekly Support 1, The Pattern Bottom, Tuesday Low, Previous Week Low)
118.25 - 118.60 (September 4th Low, Monthly Support 1, 50's, Weekly Support 1, August 25th Low)

Resistance:
120.30 - 120.40 (Previous Day High, Daily Resistance 1, Wednesday High, Weekly Pivot Point)
120.85 - 121.30 (200 DMA, 00's, The Pattern Top, Previous Week High, Monthly Resistance 1)

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