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19.11.201405:04 Forex Analysis & Reviews: Technical analysis of USD/JPY for November 19, 2014

Long-term review
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Exchange Rates 19.11.2014 analysis

In Asia, Japan will release the Monetary Policy Statement and All Industries Activity m/m. Besides, the US economic calendar is full of important reports such as Building Permits, Housing Starts, Crude Oil Inventories, and FOMC Meeting Minutes. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 117.72.
Resistance. 2: 117.49.
Resistance. 1: 117.26.
Support. 1: 116.97.
Support. 2: 116.74.
Support. 3: 116.51.

Arief Makmur
Analytical expert of InstaForex
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