Technical Analysis of USD/JPY for March 15, 2016
In Asia, Japan will release data on the BOJ Press Conference, Tertiary Industry Activity m/m, Revised Industrial Production m/m, and Monetary Policy Statement. The US will publish some economic data on the TIC Long-Term Purchases, NAHB Housing Market Index, Business Inventories m/m, Empire State Manufacturing Index, Core PPI m/m, Retail Sales m/m, PPI m/m, and Core Retail Sales m/m. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Resistance. 3: 114.38.
Resistance. 2: 114.15.
Resistance. 1: 113.93.
Support. 1: 113.66.
Support. 2: 113.44.
Support. 3: 113.22.
The material has been provided by InstaForex Company - www.instaforex.com
