In Asia, Japan will release the M2 Money Stock y/y, 30-y Bond Auction, and Prelim Machine Tool Orders y/y. Besides, the US will publish some economic reports such as NFIB Small Business Index, JOLTS Job Openings, IBD/TIPP Economic Optimism, and Wholesale Inventories m/m. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 121.37.
Resistance. 2: 121.14.
Resistance. 1: 120.90.
Support. 1: 120.61.
Support. 2: 120.38.
Support. 3: 120.14.
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