Technical Analysis of USD/JPY for April 26, 2016

Technical Analysis of USD/JPY for April 26, 2016

26 April 2016, 10:07
Roberto Jacobs
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Technical Analysis of USD/JPY for April 26, 2016

In Asia, today Japan will not release any economic data but the US will release some economic data such as the Richmond Manufacturing Index, CB Consumer Confidence, Flash Services PMI, S&P/CS Composite-20 HPI y/y, Durable Goods Orders m/m, Core Durable Goods Orders m/m. 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: 111.73.

Resistance. 2: 111.51.

Resistance. 1: 111.29.

Support. 1: 111.02.

Support. 2: 110.81.

Support. 3: 110.59.


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