In Asia, Japan will release the Prelim Machine Tool Orders y/y, Consumer Confidence, and M2 Money Stock y/y. The US will release some economic data such as Wholesale Inventories m/m, JOLTS Job Openings, and NFIB Small Business Index. So, there is a big probability that USD/JPY will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 125.17.
Resistance. 2: 124.93.
Resistance. 1: 124.69.
Support. 1: 124.39.
Support. 2: 124.15.
Support. 3: 123.90.
Read more: https://www.instaforex.com/forex_analysis/61632/
In Asia, Japan will release the Prelim Machine Tool Orders y/y, Consumer Confidence, and M2 Money Stock y/y. The US will release some economic data such as Wholesale Inventories m/m, JOLTS Job Openings, and NFIB Small Business Index. So, there is a big probability that USD/JPY will move with low to medium volatility during the day.TODAY TECHNICAL LEVELS:Resistance. 3: 125.17.Resistance. 2: 124.93.Resistance. 1: 124.69.Support. 1: 124.39.Support. 2: 124.15.Support. 3: 123.90.Read more: https://www.instaforex.com/forex_analysis/61632/
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