In Asia, Japan is expected to release the Prelim Industrial Production m/m. The US will release economic data on Pending Home Sales m/m, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So, there is a strong probability that the USD/JPY pair will move with low volatility during the Asian session, but with low to medium volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 119.80.
Resistance. 2: 119.57.
Resistance. 1: 119.34.
Support. 1: 119.04.
Support. 2: 118.81.
Support. 3: 118.57.
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Uitgevoerd door, Analytische expert
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