In Asia, Japan will release the Prelim Machine Tool Orders y/y, 30-y Bond Auction, and M2 Money Stock y/y. The US will also publish some economic data such as Mortgage Delinquencies and NFIB Small Business Index. 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: 109.73. Resistance. 2: 109.53. Resistance. 1: 109.31. Support. 1: 109.04. Support. 2: 108.83. Support. 3: 108.61. (Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com