Technical Analysis of USD/JPY for March 16, 2016
In Asia, Japan will not release any economic data but the US will release some economic data such as the Federal Funds Rate, FOMC Statement, FOMC Economic Projections, Crude Oil Inventories, Industrial Production m/m, Capacity Utilization Rate, Housing Starts, Core CPI m/m, CPI m/m, Building Permits.So there is a probability the USD/JPY pair will move with medium to high volatility during this day.
TODAY'S TECHNICAL LEVELS:
Resistance. 3: 114.00.
Resistance. 2: 113.78.
Resistance. 1: 113.55.
Support. 1: 113.28.
Support. 2: 113.05.
Support. 3: 112.83.
The material has been provided by InstaForex Company - www.instaforex.com
