Technical analysis of USD/JPY for March 01, 2018


In Asia, Japan will release the Consumer Confidence, 10-y Bond Auction, Final Manufacturing PMI, and Capital Spending q/y and the US will also release some Economic Data such as Total Vehicle Sales, Natural Gas Storage, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Personal Income m/m, Unemployment Claims, Personal Spending m/m, and Core PCE Price Index m/m. So there is a probability that the USD/JPY pair will move with low to medium volatility during this day.


Resistance. 3: 107.25.

Resistance. 2: 107.04.

Resistance. 1: 106.83.

Support. 1: 106.57.

Support. 2: 106.36.

Support. 3: 106.16.

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The material has been provided by InstaForex Company –

Source:: Technical analysis of USD/JPY for March 01, 2018

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