Technical analysis: Important Intraday Levels for USD/JPY, October 09, 2019

Technical analysis: Important Intraday Levels for USD/JPY, October 09, 2019

In Asia, Japan will release the Prelim Machine Tool Orders y/y and the US will also publish some economic data such as Treasury Currency Report, 10-y Bond Auction, Crude Oil Inventories, JOLTS Job Openings, and Final Wholesale Inventories m/m. 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 : 107.67.

Resistance. 2: 107.46.

Resistance. 1: 107.25.

Support. 1: 106.99.

Support. 2: 106.78.

Support. 3: 106.57. (Disclaimer)

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