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Technical analysis of USD/JPY for December 04, 2015


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In Asia, Japan will release data the Consumer Confidence and Average Cash Earnings y/y. The US will publish some economic data on the Trade Balance, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So, there is a strong probability that the USD/JPY pair will move with low to medium volatility during the Asian session, but with medium to high volatility during the US session.


Resistance. 3: 123.31.

Resistance. 2: 123.07.

Resistance. 1: 122.83.

Support. 1: 122.53.

Support. 2: 122.29.

Support. 3: 122.05.

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