31.01.201903:32 Forex Analysis & Reviews: Technical analysis: Intraday level for USD/JPY, Jan 31, 2019

Long-term review

Exchange Rates 31.01.2019 analysis

In Asia, Japan will release the Housing Starts y/y, and Prelim Industria lProduction m/m and the US will also publish some economic data such as Natural Gas Storage, Chicago PMI, Unemployment Claims, Unemployment Claims, Personal Income m/m, Personal Spending m/m, Employment CostIndex q/q, Core PCE Price Index m/m, and Challenger Job Cuts y/y. So there is a probability the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 109.54. Resistance. 2: 109.32. Resistance. 1: 109.11. Support. 1: 108.85. Support. 2: 108.64. Support. 3: 108.42. (Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Arief Makmur,
Analytical expert
InstaForex Group © 2007-2021
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