In Asia, Japan is likely to release the 10-y Bond Auction and Monetary Base y/y. The US is due to release some economic data on the Natural Gas Storage, Factory Orders m/m, Unemployment Claims, Trade Balance, and Challenger Job Cuts y/y. So, there is a high probability 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: 120.21.
Resistance. 2: 119.98.
Resistance. 1: 119.74.
Support. 1: 119.45.
Support. 2: 119.22.
Support. 3: 118.98.
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Uitgevoerd door, Analytische expert
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