Home Forex News Japan GDP Jumps 21.4% On Year In Q3

Japan GDP Jumps 21.4% On Year In Q3

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Japan’s gross domestic product surged 21.4 percent on year in the third quarter of 2020, following the 28.8 percent plunge in the previous three months, the Cabinet Office said in Monday’s preliminary report. On a quarterly basis, GDP expanded 5.0 percent following the 8.2 percent slide in the second quarter.

TREND : WEAK BEARISH

Time                                      :       16/11/2020

Pivot                                     :       104.62 

Technical View                     :        LONG ABOVE 104.82

Target                                   :        104.91, 105.01, 105.21, 105.51

Technical View                      :       SHORT BELOW 104.42

Target                                   :        104.33, 104.22, 104.01, 103.71

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