Technical analysis: Intraday level for USD/JPY, Aug 07, 2018

In Asia, Japan will release the Leading Indicators, Average Cash Earnings y/y, and Household Spending y/y. The US will also release some Economic Data such as Consumer Credit m/m, IBD/TIPP Economic Optimism, JOLTS Job Openings, and Mortgage Delinquencies. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.


Resistance. 3: 111.88.

Resistance. 2: 111.66.

Resistance. 1: 111.44.

Support. 1: 111.16.

Support. 2: 110.93.

Support. 3: 110.73.

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