Technical Analysis of USD/JPY for March 07, 2016

Technical Analysis of USD/JPY for March 07, 2016

7 March 2016, 09:31
Roberto Jacobs
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Technical Analysis of USD/JPY for March 07, 2016

In Asia, Japan will release Leading Indicators. The US will release a series of economic reports such as Consumer Credit m/m and Labor Market Conditions Index m/m. 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: 114.18.

Resistance. 2: 113.96.

Resistance. 1: 113.74.

Support. 1: 113.45.

Support. 2: 113.23.

Support. 3: 113.901.


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

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