Technical analysis of USD/JPY for Jan 06, 2017

In Asia, Japan will release the Average Cash Earnings y/y. The US will release some economic data such as Factory Orders m/m, Trade Balance, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So there is a probability the USD/JPY pair will move with medium to high volatility during this day.

TODAY'S TECHNICAL LEVELS:
Resistance 3: 116.43.
Resistance 2: 116.21.
Resistance 1: 115.98.
Support 1: 115.70.
Support 2: 115.48.
Support 3: 115.25.

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