Technical analysis: Intraday level for USD/JPY, Mar 11, 2019

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In Asia, Japan will release the Prelim Machine Tool Orders y/y, and M2 Money Stock y/y, while the US will publish some economic data such as Business Inventories m/m, Retail Sales m/m, and Core Retail Sales m/m. So there is a probability the USD/JPY pair will move with a low to a medium volatility during this day.

TODAY’S TECHNICAL LEVEL:

Resistance. 3: 111.68.

Resistance. 2: 111.45.

Resistance. 1: 111.23.

Support. 1: 110.98.

Support. 2: 110.76.

Support. 3: 110.54.

(Disclaimer)

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

Source:: Technical analysis: Intraday level for USD/JPY, Mar 11, 2019

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