In Asia, Japan will release the Tertiary Industry Activity m/m, PPI y/y, and Core Machinery Orders m/m. The US will also publish some economic data such as TIC Long-Term Purchases, Beige Book, Crude Oil Inventories, NAHB Housing Market Index, and Import Prices m/m. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 108.99. Resistance. 2: 108.78. Resistance. 1: 108.57. Support. 1: 108.31. Support. 2: 108.09. Support. 3: 107.88. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com