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Technical analysis: Important Intraday Levels For USD/JPY December 10, 2019

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In Asia, Japan will release the Prelim Machine Tool Orders y/y and M2 Money Stock y/y. The US will also publish some economic reports such as 10-y Bond Auction, Revised Unit Labor Costs q/q, Revised Nonfarm Productivity q/q, and NFIB Small Business Index. 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: 109.18. Resistance. 2: 108.96. Resistance. 1: 108.75. Support. 1: 108.49. Support. 2: 108.28. Support. 3: 108.08. (Disclaimer)

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