15.04.201504:57 Forex Analysis & Reviews: Technical analysis of USD/JPY for April 15, 2015

Long-term review

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In Asia, Japan will release the Revised Industrial Production m/m. The US is expected to release some economic data on TIC Long-Term Purchases, Beige Book, Crude Oil Inventories, NAHB Housing Market Index, Industrial Production m/m, Capacity Utilization Rate, and the Empire State Manufacturing Index. So, there is a strong probability that the USD/JPY will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 120.23.

Resistance. 2: 120.00.

Resistance. 1: 119.76.

Support. 1: 119.48.

Support. 2: 119.24.

Support. 3: 119.00.

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