Monday 2 February 2015

Technical analysis of USD/JPY for February 03, 2015 Market Analysis Review

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In Asia, Japan will release the 10-y Bond Auction and Monetary Base y/y. The US will release a number of economic reports such as Total Vehicle Sales, IBD/TIPP Economic Optimism, and Factory Orders m/m. 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: 117.82.

Resistance. 2: 117.59.

Resistance. 1: 117.36.

Support. 1: 117.08.

Support. 2: 116.85.

Support. 3: 116.62.



The material has been provided by InstaForex Company - www.instaforex.com



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