In Asia, Japan will release the Economy Watchers Sentiment, Consumer Confidence, Bank Lending y/y, and Current Account. The US will also release some economic data such as Labor Market Conditions Index m/m and Sentix Investor Confidence. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 119.41.
Resistance. 2: 119.19.
Resistance. 1: 118.95.
Support. 1: 118.66.
Support. 2: 118.42.
Support. 3: 118.19.
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 09, 2015 . Thanks for your support.
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