Technical analysis: Intraday level for USD/JPY, Feb 06, 2019

analytics5c5a6616bde46.jpg

In Asia, Japan will not release any economic data today, but the US will publish some economic data such as 10-y Bond Auction, Crude Oil Inventories, Trade Balance, Prelim Unit Labor Costs q/q, and Prelim Nonfarm Productivity q/q. So there is a probability the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 110.43. Resistance. 2: 110.21. Resistance. 1: 110.00. Support. 1: 109.74. Support. 2: 109.52. Support. 3: 109.31. (Disclaimer)

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