In Asia, Japan will release the Monetary Policy Meeting Minutes and the US is expected to release economic data on Wholesale Inventories m/m, Average Hourly Earnings m/m, Unemployment Rate, and Non-Farm Employment Change. So, there is a strong probability that the USD/JPY will move with low volatility during the Asian session, but with medium to high volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 120.48.
Resistance. 2: 120.25.
Resistance. 1: 120.02.
Support. 1: 119.73.
Support. 2: 119.50.
Support. 3: 119.26.
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Uitgevoerd door, Analytische expert
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