19.05.201604:37 Forex Analysis & Reviews: Technical analysis of USD/JPY for May 19, 2016

Long-term review

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In Asia, Japan will release the All Industries Activity m/m and Core Machinery Orders m/m, and the US will release some economic data such as the Natural Gas Storage, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index. So there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 110.72.

Resistance. 2: 110.50.

Resistance. 1: 110.29.

Support. 1: 110.02.

Support. 2: 109.81.

Support. 3: 109.59.

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