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Technical analysis: Important intraday Level for USD/JPY, January 08,2020

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Consumer Confidence and Average Cash Earnings y/y reports from Japan are due. The US will release such economic data as Consumer Credit m/m, 10-y Bond Auction, Crude Oil Inventories, and ADP Non-Farm Employment Change. So, there is a probability that the USD/JPY pair will move with medium volatility during this day.TODAY'S TECHNICAL LEVEL: Resistance. 3:109.42. Resistance. 2:108.21. Resistance. 1:108.00. Support. 1:107.74. Support. 2:107.53. Support. 3:107.32. (Disclaimer)

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