Technical Analysis of USD/JPY for April 25, 2016

Technical Analysis of USD/JPY for April 25, 2016

25 April 2016, 09:18
Roberto Jacobs
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Technical Analysis of USD/JPY for April 25, 2016

In Asia, Japan will release the SPPI y/y and the US will release some economic data such as New 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: 111.83.

Resistance. 2: 111.61.

Resistance. 1: 111.39.

Support. 1: 111.12.

Support. 2: 110.91.

Support. 3: 110.69.


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

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