Technical analysis of USD/JPY for Nov 08, 2016 - Forex247

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Tuesday, November 8, 2016

Technical analysis of USD/JPY for Nov 08, 2016

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In Asia, Japan will release the Leading Indicators, 10-y Bond Auction and the US will release some Economic Data, such as Congressional Elections, Presidential Election, Mortgage Delinquencies, JOLTS Job Openings, NFIB Small Business Index. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 105.04.

Resistance. 2: 104.83.

Resistance. 1: 104.63.

Support. 1: 104.38.

Support. 2: 104.17.

Support. 3: 103.97.

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

From www.instaforex.com http://ift.tt/2fuqiYI

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