16.06.201705:56 Forex Analysis & Reviews: Technical analysis of USD/JPY for June 16, 2017

Long-term review

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In Asia, Japan will release the BOJ Press Conference, BOJ Policy Rate, and Monetary Policy Statement data, and the US will release some Economic Data, such as Prelim UoM Inflation Expectations, Labor Market Conditions Index m/m, Prelim UoM Consumer Sentiment, Housing Starts, and Building Permits. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 111.63.

Resistance. 2: 111.41.

Resistance. 1: 111.19.

Support. 1: 110.92.

Support. 2: 110.71.

Support. 3: 110.49.

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