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    Technical analysis of USD/JPY for November 18, 2015


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    In Asia, Japan will not release any economic data, but the US economy is expected to deliver data on the FOMC Meeting Minutes, Crude Oil Inventories, Housing Starts, Building Permits, and TIC Long-Term Purchases. So, there is a strong probability that the USD/JPY pair will move with low volatility during the Asian session, but with low to medium volatility during the US session.


    Resistance. 3: 124.06.

    Resistance. 2: 123.81.

    Resistance. 1: 123.58.

    Support. 1: 123.28.

    Support. 2: 123.04.

    Support. 3: 122.80.

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