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

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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.

TODAY'S TECHNICAL LEVELS:

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

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