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05.11.201906:04 Forex Analysis & Reviews: Technical analysis: Important intraday Level for USD/JPY, November 05,2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 05.11.2019 analysis

Japan will release such economic data as the PPI m/m, Spanish Unemployment Change, and French Gov Budget Balance. Data on The IBD/TIPP Economic Optimism, Mortgage Delinquencies, JOLTS Job Openings, ISM Non-Manufacturing PMI, Final Services PMI, and Trade Balance from the US are due today. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.TODAY'S TECHNICAL LEVEL: Resistance.3:109.32. Resistance. 2:109.12. Resistance. 1:108.90. Support. 1:108.63. Support. 2:108.42. Support. 3:108.20. (Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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