Technical Analysis of USD/JPY for May 09, 2016
In Asia, Japan will release the Consumer Confidence, Average Cash Earnings y/y, Monetary Policy Meeting Minutes, and the US will release some economic data such as the Labor Market Conditions Index m/m, and Mortgage Delinquencies. So there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY'S TECHNICAL LEVELS:
Resistance. 3: 108.01.
Resistance. 2: 107.80.
Resistance. 1: 107.59.
Support. 1: 107.32.
Support. 2: 107.11.
Support. 3: 106.90.
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