Technical Analysis of USD/JPY for April 04, 2016

Technical Analysis of USD/JPY for April 04, 2016

4 April 2016, 08:39
Roberto Jacobs
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Technical Analysis of USD/JPY for April 04, 2016

In Asia, Japan will release the Monetary Base y/y and the US will release some economic data such as the Labor Market Conditions Index m/m and Factory Orders m/m. 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: 111.99.

Resistance. 2: 111.77.

Resistance. 1: 111.56.

Support. 1: 111.29.

Support. 2: 111.07.

Support. 3: 110.85.


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


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