Monday 24 November 2014

Technical analysis of USD/JPY for November 25, 2014 Market Analysis Review

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In Asia, Japan will release the Monetary Policy Meeting Minutes, SPPI y/y, and BOJ Gov Kuroda Speech. The US will publish some economic data such as Prelim GDP q/q, Prelim GDP Price Index q/q, HPI m/m, S&P/CS Composite-20 HPI y/y, CB Consumer Confidence, and Richmond Manufacturing Index. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 118.58.

Resistance. 2: 118.35.

Resistance. 1: 118.12.

Support. 1: 117.83.

Support. 2: 117.60.

Support. 3: 117.37.


The material has been provided by InstaForex Company - www.instaforex.com



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