17.04.201713:05 Forex Analyse & Reviews: Technical analysis of USD/JPY for Apr 13, 2017

Long-term review

Exchange Rates 17.04.2017 analysis

In Asia, Japan will release the M2 Money Supply y/y data, and the US will release the reports on Natural Gas Storage, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, as well as Core PPI m/m, Unemployment Claims, and PPI m/m. So, there is a probability that the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 109.37.

Resistance. 2: 109.16.

Resistance. 1: 108.95.

Support. 1: 108.69.

Support. 2: 108.48.

Support. 3: 108.26.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Uitgevoerd door Arief Makmur,
Analytische expert
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