Technical analysis of USD/JPY for Dec 07, 2017

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In Asia, Japan will release the Leading Indicators and 30-y Bond Auction data, and the US will release some Economic Data, such as Consumer Credit m/m, Natural Gas Storage, Unemployment Claims, and Challenger Job Cuts y/y. So, there is a probability the USD/JPY will move with a low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 113.02.

Resistance. 2: 113.80.

Resistance. 1: 112.58.

Support. 1: 112.30.

Support. 2: 112.08.

Support. 3: 111.86.

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

Source:: Technical analysis of USD/JPY for Dec 07, 2017

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