In Asia, Japan will release the M2 Money Stock y/y, PPI y/y and the US will release some economic data such as NFIB Small Business Index. So there is a big probability the USD/JPY will move with low to medium volatility during the Asian session, but with low volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 107.70.
Resistance. 2: 107.49.
Resistance. 1: 107.28.
Support. 1: 107.03.
Support. 2: 106.82.
Support. 3: 106.60.
The material has been provided by InstaForex Company - www.instaforex.com
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/JPY for October 14, 2014 . Thanks for your support.
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