Technical Analysis of USD/JPY for April 18, 2016

Technical Analysis of USD/JPY for April 18, 2016

18 April 2016, 07:55
Roberto Jacobs
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Technical Analysis of USD/JPY for April 18, 2016

In Asia, Japan will not release any economic data but the US will release some economic data such as the NAHB Housing Market Index. So there is a probability the USD/JPY will move with low to medium volatility during this day.


2_USDJPY.jpg


TODAY'S TECHNICAL LEVELS:

Resistance. 3: 108.63.

Resistance. 2: 108.42.

Resistance. 1: 108.21.

Support. 1: 107.95.

Support. 2: 107.74.

Support. 3: 107.52.


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


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