In Asia, Japan will release the Housing Starts y/y, Prelim Industrial Production m/m, and Retail Sales y/y. The US will publish economic data on Crude Oil Inventories, Chicago PMI, and ADP Non-Farm Employment Change. So, there is a strong probability that the USD/JPY pair will move with low volatility during the Asian session, but with medium to high volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 120.56.
Resistance. 2: 120.33.
Resistance. 1: 120.09.
Support. 1: 119.80.
Support. 2: 119.56.
Support. 3: 119.33.
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