Technical Analysis of USD/JPY for March 31, 2016

Technical Analysis of USD/JPY for March 31, 2016

31 March 2016, 09:59
Roberto Jacobs
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Technical Analysis of USD/JPY for March 31, 2016

In Asia, Japan will release the Housing Starts y/y and the US will release some economic data such as Natural Gas Storage, the Chicago PMI, Unemployment Claims, and Challenger Job Cuts y/y. 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: 113.07.

Resistance. 2: 112.85.

Resistance. 1: 112.63.

Support. 1: 112.36.

Support. 2: 112.13.

Support. 3: 111.91.


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


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