Technical analysis of USD/JPY for Nov 30, 2016


In Asia, Japan will release the Housing Starts y/y and Prelim Industrial Production m/m. The US will release a series of economic data such as Beige Book, Crude Oil Inventories, Pending Home Sales m/m, Chicago PMI, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m,and ADP Non-Farm Employment Change. As the economic calendar is rich with macroeconomic reports, USD/JPY will move with low to medium volatility during this day.


Resistance. 3: 112.85.

Resistance. 2: 112.63.

Resistance. 1: 112.41.

Support. 1: 112.13.

Support. 2: 111.91.

Support. 3: 111.69.

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