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Technical analysis: Intraday level for USD/JPY, JAN 15, 2018

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In Asia, Japan will release the Prelim Machine Tool Orders y/y, and M2 Money Stock y/y. The US will also publish some economic data such as IBD/TIPP Economic Optimism, Empire State Manufacturing Index, Core PPI m/m, and PPI m/m. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 109.00. Resistance. 2: 108.79. Resistance. 1: 108.58. Support. 1: 108.32. Support. 2: 108.10. Support. 3: 107.89. (Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com