Today, Japan will not release any economic news, but the US will publish some economic data such as Challenger Job Cuts y/y, Unemployment Claims, and Natural Gas Storage. So, there is a big probability the USD/JPY pair will move with low volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 120.47.
Resistance. 2: 120.24.
Resistance. 1: 120.00.
Support. 1: 119.72.
Support. 2: 119.49.
Support. 3: 119.25.
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 December 04, 2014 . Thanks for your support.
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