In Asia, Japan will release the Housing Starts y/y, Prelim Industrial Production m/m, Unemployment Rate, and Tokyo Core CPI y/y. The US will also publish some economic data such as Revised UoM Inflation Expectation, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3 : 108.28. Resistance. 2: 108.07. Resistance. 1: 107.86. Support. 1: 107.59. Support. 2: 107.38. Support. 3: 107.17. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com