In Asia, Japan will release the Leading Indicators and the US will release some economic data such as US-Non-Farm Employment Change, US-Trade Balance, US-Unemployment Rate, US-Average Hourly Earnings m/m, US-Consumer Credit m/m. So there is a big probability the USD/JPY will move with low volatility during the Asian session, but with medium to high volatility during the US session. TODAY's TECHNICAL LEVELS: Resistance. 3: 103.51. Resistance. 2: 103.31. Resistance. 1: 103.11. Support. 1: 102.86. Support. 2: 102.65. Support. 3: 102.45. DESCRIPTION: Please, pay attention to the levels of support 3 (102.45) and resistance 3 (103.51). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today. Best regards, Arief Makmur Official Analyst of InstaForex Group InstaForex Group http://instaforex.com For discussion and more analysis go to: blog.mt5.com/arief
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