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Technical analysis: Important intraday Level for USD/JPY, December 06,2019

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Japan will release such economic data as the Leading Indicators, Household Spending y/y, and Average Cash Earnings y/y. The US will unveil such economic data as Consumer Credit m/m, Prelim UoM Inflation Expectations, Final Wholesale Inventories m/m, Prelim UoM Consumer Sentiment, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So, there is a probability that the USD/JPY pair will move with medium to high volatility during this day.TODAY'S TECHNICAL LEVEL: Resistance.3:109.30. Resistance. 2:109.08. Resistance. 1:108.87. Support. 1:108.61. Support. 2:108.40. Support. 3:108.18. (Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com