Technical analysis of USD/JPY for Dec 28, 2016 - Forex247

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Wednesday, December 28, 2016

Technical analysis of USD/JPY for Dec 28, 2016

USDJPY.jpg

In Asia, Japan will release the Retail Sales y/y, Prelim Industrial Production m/m and the US will release some Economic Data, such as Pending Home Sales m/m. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 118.28.

Resistance. 2: 118.05.

Resistance. 1: 117.82.

Support. 1: 117.53.

Support. 2: 117.30.

Support. 3: 117.07

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

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

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