In Asia, Japan will release data for Consumer Confidence with the PPI y/y. The US is expected to release economic data on TIC Long-Term Purchases, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, and Empire State Manufacturing Index. So, there is a strong probability that USD/JPY will move with low to medium volatility during a day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 119.87.
Resistance. 2: 119.64.
Resistance. 1: 119.41.
Support. 1: 119.12.
Support. 2: 118.89.
Support. 3: 118.65.
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