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Technical analysis of USD/JPY for December 02, 2015


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In Asia, Japan will release data on the Monetary Base y/y. The US will publish some economic data on the Beige Book, Fed Chair Yellen Speaks, Crude Oil Inventories, Revised Unit Labor Costs q/q, Revised Nonfarm Productivity q/q, and ADP Non-Farm Employment Change. So, there is a strong probability that the USD/JPY pair will move with low to medium volatility during this day.


Resistance. 3: 123.54.

Resistance. 2: 123.30.

Resistance. 1: 123.06.

Support. 1: 122.76.

Support. 2: 122.52.

Support. 3: 122.28.

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