In Asia, Japan will release the BOJ Press Conference, German Trade Balance, and Monetary Policy Statement. The US will release economic data such as Consumer Credit m/m, Average Hourly Earnings m/m, Unemployment Rate, and Non-Farm Employment Change. So, there is a strong probability that USD/JPY will move with low to medium volatility during the Asian session, but with medium to high volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 125.40.
Resistance. 2: 125.16.
Resistance. 1: 124.91.
Support. 1: 124.62.
Support. 2: 124.37.
Support. 3: 124.13.
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