In Asia, Japan will release the Leading Indicators. Besides,the US will publish some economic data such as Non-Farm Employment Change, Trade Balance, Unemployment Rate, Average Hourly Earnings m/m, Factory Orders m/m, and Consumer Credit m/m. So, there is a big probability the USD/JPY pair will move with low volatility during the Asian session, but with medium to high volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 120.53.
Resistance. 2: 120.29.
Resistance. 1: 120.06.
Support. 1: 119.77.
Support. 2: 119.54.
Support. 3: 119.30.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 05, 2014 . Thanks for your support.
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