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Technical analysis: Important Intraday Levels for USD/JPY, July 16, 2019

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In Asia, Japan will not release any economic data today, but the US will publish some economic data such as TIC Long-Term Purchases, NAHB Housing Market Index, Business Inventories m/m, Industrial Production m/m, Capacity Utilization Rate, Import Prices m/m, Retail Sales m/m, and Core Retail Sales 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: 108.58. Resistance. 2: 108.37. Resistance. 1: 108.15. Support. 1: 107.90. Support. 2: 107.69. Support. 3: 107.47.(Disclaimer)The material has been provided by InstaForex Company - www.instaforex.com