Technical Analysis of USD/JPY for March 02, 2016

Technical Analysis of USD/JPY for March 02, 2016

2 March 2016, 08:38
Roberto Jacobs
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Technical Analysis of USD/JPY for March 02, 2016

In Asia, Japan will release the Monetary Base y/y. The US will release a series of economic data such as Beige Book, Crude Oil Inventories, and ADP Non-Farm Employment Change. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

2_USDJPY


TODAY'S TECHNICAL LEVEL:

Resistance. 3: 114.62.

Resistance. 2: 114.40.

Resistance. 1: 114.17.

Support. 1: 113.89.

Support. 2: 113.67.

Support. 3: 113.45.


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