Technical Analysis of USD/JPY for March 18, 2016

Technical Analysis of USD/JPY for March 18, 2016

18 March 2016, 08:15
Roberto Jacobs
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Technical Analysis of USD/JPY for March 18, 2016

In Asia, Japan will release the Monetary Policy Meeting Minutes and the US will release some economic data such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment. 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: 111.62.

Resistance. 2: 111.41.

Resistance. 1: 111.19.

Support. 1: 110.92.

Support. 2: 110.70.

Support. 3: 110.48.


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

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