Technical Analysis of USD/JPY for April 27, 2016

Technical Analysis of USD/JPY for April 27, 2016

27 April 2016, 10:41
Roberto Jacobs
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Technical Analysis of USD/JPY for April 27, 2016

In Asia, Japan will release the All Industries Activity m/m and the US will release some economic data such as the Federal Funds Rate, FOMC Statement, Crude Oil Inventories, Pending Home Sales m/m, Goods Trade Balance. So there is a probability the USD/JPY will move with medium to high volatility during this day.


2_USDJPY.jpg


TODAY'S TECHNICAL LEVELS:

Resistance. 3: 111.71.

Resistance. 2: 111.49.

Resistance. 1: 111.27.

Support. 1: 111.00.

Support. 2: 110.79.

Support. 3: 110.57.


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

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