26.05.201704:42 Forex Analysis & Reviews: Technical analysis of USD/JPY for May 26, 2017

Long-term review

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In Asia, Japan will release the SPPI y/y, Tokyo Core CPI y/y, and National Core CPI y/y. The US will release a series of economic reports such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Prelim GDP Price Index q/q, Durable Goods Orders m/m, Prelim GDP q/q, and Core Durable Goods Orders m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance 3: 112.30.

Resistance 2: 112.08.

Resistance 1: 111.86.

Support 1: 111.59.

Support 2: 111.38.

Support 3: 111.16.

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