Technical analysis: key intraday level for USD/JPY for May 02, 2019


In Asia, Japan will not release any economic data today while the United States will unveil the Treasury Currency Report, the Natural Gas Storage data, the Factory Orders m/m, the Unemployment Claims, the preliminary reading of the Unit Labor Costs q/q, as well as the preliminary nonfarm productivity q/q, and the Challenger Job Cuts y/y. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.


Resistance. 3 : 112.12. Resistance. 2: 111.907. Resistance. 1: 111.68. Support. 1: 111.42. Support. 2: 111.20. Support. 3: 110.97.

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