Thursday 22 January 2015

Technical analysis of USD/JPY for January 23, 2015 Market Analysis Review

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In Asia, Japan will release the Flash Manufacturing PMI. The US will publish some economic data such as CB Leading Index m/m, Existing Home Sales, and Flash Manufacturing PMI. 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.


Resistance. 3: 118.97.


Resistance. 2: 118.74.


Resistance. 1: 118.50.


Support. 1: 118.22.


Support. 2: 117.99.


Support. 3: 117.75.


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