Sunday 1 March 2015

Technical analysis of USD/JPY for March 02, 2015 Market Analysis Review

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In Asia, Japan will release the Final Manufacturing PMI and Capital Spending q/q. The US will release a number of economic reports such as ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, Final Manufacturing PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 120.46.

Resistance. 2: 120.23.

Resistance. 1: 119.99.

Support. 1: 119.70.

Support. 2: 119.46.

Support. 3: 119.23.





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



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