Monday 15 December 2014

Technical analysis of USD/JPY for December 16, 2014 Market Analysis Review

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In Asia, Japan will release the Flash Manufacturing PMI. The US will publish some economic reports such as Flash Manufacturing PMI, Housing Starts, and Building Permits. So, there is a big probability the USD/JPY pair will move with low volatility during the Asian session, but with low to medium volatility during the US session.


TODAY TECHNICAL LEVELS:


Resistance. 3: 119.31.


Resistance. 2: 119.09.


Resistance. 1: 117.86.


Support. 1: 117.58.


Support. 2: 117.35.


Support. 3: 117.11.


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



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