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Technical analysis of USD/JPY for November 07, 2014

!USDJPY.jpg


In Asia, Japan will not release any economic data, but the US will release some important economic reports such as Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings m/m, 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 volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 115.79.

Resistance. 2: 115.56.

Resistance. 1: 115.33.

Support. 1: 115.06.

Support. 2: 114.83.

Support. 3: 114.60.


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