Technical analysis: Important Intraday Levels for USD/JPY, May 16, 2019


In Asia, Japan will release the PPI y/y and the US will publish some economic data such as Treasury Currency Report, Natural Gas Storage, Unemployment Claims, Housing Starts, Philly Fed Manufacturing Index, and Building Permits. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance. 3: 109.99. Resistance. 2: 109.80. Resistance. 1: 109.59. Support. 1: 109.29. Support. 2: 109.08. Support. 3: 108.86. (Disclaimer)

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