In Asia, Japan will release the SPPI y/y. The US will release a number of economic reports such as Richmond Manufacturing Index, Mortgage Delinquencies, CB Consumer Confidence, Flash Services PMI, and S&P/CS Composite-20 HPI y/y. 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: 119.65.
Resistance. 2: 119.42.
Resistance. 1: 119.18.
Support. 1: 118.90.
Support. 2: 118.67.
Support. 3: 118.43.
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 February 24, 2015 . Thanks for your support.
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