In Asia, Japan will release the M2 Money Stock y/y and Tertiary Industry Activity m/m. The US will also release some economic reports such as Wholesale Inventories m/m, IBD/TIPP Economic Optimism, Mortgage Delinquencies, JOLTS Job Openings, NFIB Small Business Index, and FOMC Member Lacker Speech. 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: 119.09.
Resistance. 2: 118.86.
Resistance. 1: 118.63.
Support. 1: 118.34.
Support. 2: 118.11.
Support. 3: 117.89.
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Uitgevoerd door, Analytische expert
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