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11.12.201905:16 Forex Analysis & Reviews: Technical analysis: Important intraday Level for USD/JPY, December 11,2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 11.12.2019 analysis

Japan will publish such economic reports as the PPI y/y and BSI Manufacturing Index. The US is scheduled to unveil Federal Budget Balance, Federal Funds Rate, Crude Oil Inventories, Core CPI m/m, and CPI m/m. So, there is a probability that the USD/JPY pair will move with medium to high volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3:109.30. Resistance. 2:109.08. Resistance. 1:108.87. Support. 1:108.62. Support. 2:108.41. Support. 3:108.19. (Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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