Technical Analysis of USD/JPY for April 08, 2016

Technical Analysis of USD/JPY for April 08, 2016

8 April 2016, 08:45
Roberto Jacobs
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Technical Analysis of USD/JPY for April 08, 2016


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In Asia, Japan will release the Economy Watchers Sentiment, Consumer Confidence, Current Account and the US will release some economic data such as Wholesale Inventories m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 109.38.

Resistance. 2: 109.16.

Resistance. 1: 108.95.

Support. 1: 108.69.

Support. 2: 108.48.

Support. 3: 108.27.


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