Technical Analysis of USD/JPY for March 10, 2016

Technical Analysis of USD/JPY for March 10, 2016

10 March 2016, 09:03
Roberto Jacobs
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Technical Analysis of USD/JPY for March 10, 2016

In Asia, Japan will release the PPI y/y. The US will release a series of economic data such as Federal Budget Balance, 30-y Bond Auction, Natural Gas Storage, and 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 LEVEL:

Resistance. 3: 113.81.

Resistance. 2: 113.59.

Resistance. 1: 113.37.

Support. 1: 113.09.

Support. 2: 112.86.

Support. 3: 112.64.


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


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