Technical analysis: Intraday level for USD/JPY, March 27, 2018 - Forex247

Latest

Keep Your Trading Simple and Smart

Tuesday, March 27, 2018

Technical analysis: Intraday level for USD/JPY, March 27, 2018

analytics5ab9c2c41658a.jpg

In Asia, Japan will release the BOJ Core CPI y/y and SPPI y/y data, and the US will release some Economic Data such as Richmond Manufacturing Index, CB Consumer Confidence, and CB Consumer Confidence. So there is a probability the USD/JPY will move with a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 106.20.

Resistance. 2: 105.99.

Resistance. 1: 105.79.

Support. 1: 105.53.

Support. 2: 105.33.

Support. 3: 105.12.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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


No comments:

Post a Comment