Technical analysis of USD/JPY for December 31, 2015

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In Asia, Japan will not release any economic data, but the US will publish some economic data such as Natural Gas Storage, Chicago PMI, and Unemployment Claims. So, there is a strong probability that the the USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 121.06.

Resistance. 2: 120.82.

Resistance. 1: 120.59.

Support. 1: 120.29.

Support. 2: 120.05.

Support. 3: 119.82.

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The material has been provided by InstaForex Company – www.instaforex.com

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