Technical analysis of USD/JPY for February 26, 2016

Technical analysis of USD/JPY for February 26, 2016

26 February 2016, 08:11
Roberto Jacobs
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Technical analysis of USD/JPY for February 26, 2016

26 Februari 2016 9:43 AM


2_USDJPY


In Asia, Japan will release data on the BOJ Core CPI y/y, National Core CPI y/y, and Tokyo Core CPI y/y. The US will deliver some economic news on the Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Prelim GDP Price Index q/q, Personal Income m/m, Personal Spending m/m, Goods Trade Balance, Core PCE Price Index m/m, and Prelim GDP q/q. So, there is a probability that the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 113.37.

Resistance. 2: 113.15.

Resistance. 1: 112.93.

Support. 1: 112.66.

Support. 2: 112.44.

Support. 3: 112.22.

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

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