Sunday 15 November 2015

Technical analysis of USD/JPY for November 16, 2015 Market Analysis Review

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In Asia, Japan will release the Prelim GDP Price Index y/y and Prelim GDP q/q. The US will publish economic data on the Empire State Manufacturing Index. So, there is a strong probability that the USD/JPY pair will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 123.13.

Resistance. 2: 122.89.

Resistance. 1: 122.65.

Support. 1: 122.35.

Support. 2: 121.11.

Support. 3: 121.87.

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

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