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    Technical analysis of USD/JPY for May 18, 2015


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    In Asia, Japan will release the Tertiary Industry Activity m/m, Revised Industrial Production m/m, and Core Machinery Orders m/m. The US is expected to publish economic data on the NAHB Housing Market Index. So, there is a big probabilitythat USD/JPY will move with low to medium volatility during a day.


    Resistance. 3: 120.28.

    Resistance. 2: 120.05.

    Resistance. 1: 119.81.

    Support. 1: 119.53.

    Support. 2: 119.30

    Support. 3: 119.06.

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    Uitgevoerd door, Analytische expert
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