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In Asia, Japan will release the Average Cash Earnings y/y data, and the US will release some Economic Data, such as Loan Officer Survey, Labor Market Conditions Index m/m, and Mortgage Delinquencies. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 112.99.

Resistance. 2: 112.77.

Resistance. 1: 112.55.

Support. 1: 112.27.

Support. 2: 112.05.

Support. 3: 111.83.

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

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