In Asia, Japan will release the Consumer Confidence report and Monetary Base y/y. The US will also publish some economic data such as Crude Oil Inventories, ISM Non-Manufacturing PMI, Fed Chair Yellen Testimony, Final Services PMI, Trade Balance, and ADP Non-Farm Employment Change. So there is a big probability the USD/JPY pair will move with low to medium volatility during the Asian session, but with medium volatility during the US session.
TODAY TECHNICAL LEVELS:
Resistance. 3: 121.95.
Resistance. 2: 121.72.
Resistance. 1: 121.48.
Support. 1: 121.18.
Support. 2: 120.95.
Support. 3: 120.70.
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