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Technical analysis: Intraday level for USD/JPY for November 28, 2018
November 28, 2018 6:21 amVideo
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In Asia, Japan will not release any economic data today, but the US will publish Crude Oil Inventories, Richmond Manufacturing Index, New Home Sales, Prelim Wholesale Inventories m/m, Prelim GDP Price Index q/q, Goods Trade Balance, and Prelim GDP q/q. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 114.38. Resistance. 2: 114.15. Resistance. 1: 113.93. Support. 1: 113.66. Support. 2: 113.43. Support. 3: 113.21. Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.The material has been provided by InstaForex Company – www.instaforex.com
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