In Asia, Japan will release a variety of reports such the Housing Starts y/y, Prelim Industrial Production m/m, Unemployment Rate, National Core CPI y/y, Tokyo Core CPI y/y, and Household Spending y/y. The US will also release several economic data such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Employment Cost Index q/q, Advance GDP Price Index q/q, and Advance GDP q/q. 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: 118.72.
Resistance. 2: 118.49.
Resistance. 1: 118.25.
Support. 1: 117.97.
Support. 2: 117.753.
Support. 3: 117.50.
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