In Asia, Japan will release the Preliminary Machine Tool Orders y/y, 30-y Bond Auction, and M2 Money Stock y/y. The US will publish a series of economic data such as Wholesale Inventories m/m, Mortgage Delinquencies, Prelim Unit Labor Costs q/q, Prelim Nonfarm Productivity q/q, and NFIB Small Business Index. 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: 125.39.
Resistance. 2: 125.14.
Resistance. 1: 124.90.
Support. 1: 124.60.
Support. 2: 124.36.
Support. 3: 124.11.
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