Technical Analysis of USD/JPY for April 12, 2016
In Asia, Japan will release the Prelim Machine Tool Orders y/y, Bank Lending y/y and the US will release some economic data such as the Federal Budget Balance, Import Prices m/m, NFIB Small Business Index. So there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Resistance. 3: 109.59.
Resistance. 2: 109.18.
Resistance. 1: 108.79.
Support. 1: 108.29.
Support. 2: 107.89.
Support. 3: 107.48.
The material has been provided by InstaForex Company - www.instaforex.com
