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FX.co ★ Technical analysis of USD/JPY for October 15, 2014

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Forex Analysis:::2014-10-15T03:21:50

Technical analysis of USD/JPY for October 15, 2014

In Asia, Japan will release the 30-y Bond Auction, Revised Industrial Production m/m, and the US will release some economic data such as PPI m/m, Retail Sales m/m, Core PPI m/m, Empire State Manufacturing Index, Business Inventories m/m, Beige Book, Federal Budget Balance. So there is a big probability the USD/JPY will move with low to medium volatility during this day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 107.70.
Resistance. 2: 107.49.
Resistance. 1: 107.28.
Support. 1: 107.03.
Support. 2: 106.82.
Support. 3: 106.60.
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Analyst InstaForex
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