Technical analysis of USD/JPY for Dec 21, 2017


In Asia, the Bank of Japan will announce its Policy Rate decision and make a Monetary Policy Statement. The US will present a series of economic reports such as Natural Gas Storage, CB Leading Index m/m, HPI m/m, Final GDP Price Index q/q, Philly Fed Manufacturing Index, Unemployment Claims, and Final GDP q/q. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.


Resistance 3: 113.96.

Resistance 2: 113.74.

Resistance 1: 113.51.

Support 1: 113.24.

Support 2: 113.02.

Support 3: 112.80.

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Source:: Technical analysis of USD/JPY for Dec 21, 2017

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