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Technical analysis: Important intraday levels for USD/JPY, Apr 16, 2019

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In Asia, Japan will release the Tertiary Industry Activity m/m and the US will publish some economic data such as NAHB Housing Market Index, Industrial Production m/m, and Capacity Utilization Rate. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3 : 112.56. Resistance. 2: 112.34. Resistance. 1: 112.12. Support. 1: 111.86. Support. 2: 111.64. Support. 3: 111.41.(Disclaimer)

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