Technical analysis of USD/JPY for February 14, 2018


In Asia, Japan will release the Prelim GDP q/q, Prelim GDP Price Index y/y, and the US will release some Economic Data such as Crude Oil Inventories, Business Inventories m/m, Retail Sales m/m, Core Retail Sales m/m, Core CPI m/m, CPI m/m. So there is a probability that the USD/JPY will move with low to medium volatility during this day.


Resistance. 3: 108.11.

Resistance. 2: 107.90.

Resistance. 1: 107.69.

Support. 1: 107.42.

Support. 2: 107.21.

Support. 3: 107.00.

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Source:: Technical analysis of USD/JPY for February 14, 2018

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