Technical Analysis of USD/JPY for April 20, 2016

Technical Analysis of USD/JPY for April 20, 2016

20 April 2016, 08:36
Roberto Jacobs
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Technical Analysis of USD/JPY for April 20, 2016

In Asia, Japan will release the Trade Balance and the US will release some economic data such as Crude Oil Inventories and Existing Home Sales. 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: 109.70.

Resistance. 2: 109.49.

Resistance. 1: 109.29.

Support. 1: 108.97.

Support. 2: 108.77.

Support. 3: 108.57.


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