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Technical analysis: Important intraday level for USD/JPY, June 12,2019

analytics5d00852642541.jpg

Japan will release the PPI y/y, Core Machinery Orders m/m. The US will publish such economic data as Federal Budget Balance,10-year Bond Auction, Crude Oil Inventories, Core CPI m/m, and CPI m/m. So, the USD/JPY pair is highly likely to move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:Resistance.3:109.07.Resistance. 2:108.86.Resistance. 1:108.64.Support. 1:108.38.Support. 2:108.16.Support. 3:107.95.(Disclaimer)

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