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    Technical analysis of USD/JPY for February 02, 2015

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    In Asia, Japan will release the Final Manufacturing PMI. The US will release some economic reports such as ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

    Resistance. 3: 118.00.

    Resistance. 2: 117.78.

    Resistance. 1: 117.55.

    Support. 1: 117.26.

    Support. 2: 117.03.

    Support. 3: 116.80.

    Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.


    Arief Makmur neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door MT5.com portal. Als u zijn artikel goed vindt, stemt u dan op hem.

    Uitgevoerd door, Analytische expert
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