21.05.201505:38 Forex Analysis & Reviews: Technical analysis of USD/JPY for May 21, 2015

Long-term review

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In Asia, Japan will release the All Industries Activity m/m and Flash Manufacturing PMI. The US will release economic dataon the Natural Gas Storage, CB Leading Index m/m, Existing Home Sales, Philly Fed Manufacturing Index, Flash Manufacturing PMI, and Unemployment Claims. So, there is a strong probability that USD/JPY will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 121.75.

Resistance. 2: 121.51.

Resistance. 1: 121.27.

Support. 1: 120.99.

Support. 2: 120.75.

Support. 3: 120.51.

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