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Technical analysis: Important intraday Level for USD/JPY, January 07,2020

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The 10-y Bond Auction and Monetary Base y/y reports from Japan are on tap. The US will unveil such economic data as Factory Orders m/m, ISM Non-Manufacturing PMI, and Trade Balance. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.TODAY'S TECHNICAL LEVEL: Resistance. 3:109.02. Resistance. 2:108.81. Resistance. 1:108.60. Support. 1:108.33. Support. 2:108.12. Support. 3:107.91. (Disclaimer)

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