Technical analysis: Intraday levels for USD/JPY, Sept 14, 2018


In Asia, Japan will release the Revised Industrial Production m/m. The US will present a series of economic reports such as Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Import Pricesm/m, Retail Sales m/m, and Core Retail Sales m/m. So there is aprobability the USD/JPY pair will move with low to medium volatility during this day.


Resistance. 3: 112.59.

Resistance. 2: 112.38.Resistance. 1: 112.19.

Support. 1: 111.95.

Support. 2: 111.75.

Support. 3: 111.55.

Disclaimer: Trading Forex (foreign exchange) on margin carries a highlevel 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 carefullyconsider your investment objectives, level of experience, and riskappetite. The possibility exists that you could sustain a loss of someor all of your initial investment and therefore you should not investmoney that you cannot afford to lose. You should be aware of all therisks associated with foreign exchange trading, and seek advice froman independent financial advisor if you have any doubts.

The material has been provided by InstaForex Company -