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FX.co ★ Technical analysis of USD/JPY for October 07, 2015

Technical analysis of USD/JPY for October 07, 2015

Technical analysis of USD/JPY for October 07, 2015

In Asia, Japan will release data on the results of the BOJ Press Conference, Leading Indicators, and Monetary Policy Statement. The US will publish economic data about the Consumer Credit m/m, 10-y Bond Auction, and Crude Oil Inventories. So, there is a strong probability that USD/JPY will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 120.92.

Resistance. 2: 120.68.

Resistance. 1: 120.44.

Support. 1: 120.14.

Support. 2: 119.90.

Support. 3: 119.68.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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