Technical Analysis of USD/JPY for March 17, 2016

Technical Analysis of USD/JPY for March 17, 2016

17 March 2016, 10:07
Roberto Jacobs
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Technical Analysis of USD/JPY for March 17, 2016

In Asia, Japan will release the Trade Balance, and the US will release some economic data such as Natural Gas Storage, the CB Leading Index m/m, JOLTS Job Openings, Unemployment Claims, the Philly Fed Manufacturing Index. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.


2_USDJPY


TODAY'S TECHNICAL LEVELS:

Resistance. 3: 113.33.

Resistance. 2: 113.11.

Resistance. 1: 112.89.

Support. 1: 112.61.

Support. 2: 112.39.

Support. 3: 112.17.


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


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