Technical Analysis of USD/JPY for April 05, 2016

Technical Analysis of USD/JPY for April 05, 2016

5 April 2016, 09:31
Roberto Jacobs
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Technical Analysis of USD/JPY for April 05, 2016

In Asia, Japan will release data on the 10-year Bond Auction, Average Cash Earnings, y/y. The US will unveil some economic data such as IBD/TIPP Economic Optimism, JOLTS Job Openings, ISM Non-Manufacturing PMI, Final Services PMI, Trade Balance. So there is a probability that the USD/JPY pair will move with low to medium volatility during this day.


2_USDJPY


TODAY'S TECHNICAL LEVEL:

Resistance. 3: 111.49.

Resistance. 2: 111.27.

Resistance. 1: 111.06.

Support. 1: 110.79.

Support. 2: 110.57.

Support. 3: 110.35.

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


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