In Asia, Japan will release the Current Account, Bank Lending y/y, 30-y Bond Auction, Consumer Confidence, Economy Watchers Sentiment, Prelim Machine Tool Orders 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: 115.34.
Resistance. 2: 115.12.
Resistance. 1: 114.89.
Support. 1: 114.61.
Support. 2: 114.39.
Support. 3: 114.16.
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 November 11, 2014 . Thanks for your support.
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