Technical Analysis of USD/JPY for April 07, 2016

Technical Analysis of USD/JPY for April 07, 2016

7 April 2016, 10:04
Roberto Jacobs
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Technical Analysis of USD/JPY for April 07, 2016

In Asia, today Japan will not release any economic data but the US will release some economic data such as Consumer Credit m/m, Natural Gas Storage, Unemployment Claims. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.


2_USDJPY


TODAY'S TECHNICAL LEVELS:

Resistance. 3: 110.07.

Resistance. 2: 109.86.

Resistance. 1: 109.64.

Support. 1: 109.38.

Support. 2: 109.17.

Support. 3: 108.95.


The material has been provided by InstaForex Company - www.instaforex.com



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