31.03.201704:18 Forex Analysis & Reviews: Technical analysis of USD/JPY for Mar 31, 2017

Long-term review

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In Asia, Japan will release the Housing Starts y/y, Prelim Industrial Production m/m, Unemployment Rate, Tokyo Core CPI y/y, National Core CPI y/y, Household Spending y/y data, and the US will release some Economic Data, such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So, there is a probability the USD/JPY will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 112.61.

Resistance. 2: 112.39.

Resistance. 1: 112.17.

Support. 1: 111.90.

Support. 2: 111.68.

Support. 3: 111.46.

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