Technical analysis of USD/JPY for March 01, 2016

01 Maret 2016 9:16 AM

In Asia, Japan will release the 10-y Bond Auction, Final Manufacturing PMI, Capital Spending q/y, Unemployment Rate, and Household Spending y/y. The US will release some economic data as well such as Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 112.87.

Resistance. 2: 112.65.

Resistance. 1: 112.43.

Support. 1: 112.16.

Support. 2: 111.94.

Support. 3: 111.72.

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