Technical Analysis of USD/JPY for April 13, 2016

Technical Analysis of USD/JPY for April 13, 2016

13 April 2016, 09:19
Roberto Jacobs
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Technical Analysis of USD/JPY for April 13, 2016


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In Asia, Japan will release the PPI y/y, M2 Money Stock y/y and the US will release some economic data such as the Beige Book, 10-y Bond Auction, Crude Oil Inventories, Business Inventories m/m, Core PPI m/m, Retail Sales m/m, PPI m/m, Core Retail Sales m/m. So there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 109.26.

Resistance. 2: 109.06.

Resistance. 1: 108.84.

Support. 1: 108.57.

Support. 2: 108.36.

Support. 3: 108.15.


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


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