Technical analysis: Intraday level for USD/JPY, May 31, 2018

In Asia, Japan will release the Housing Starts y/y, Prelim Industrial Production m/m and the US will also release some Economic Data such as Crude Oil Inventories, Natural Gas Storage, Pending Home Sales m/m, Chicago PMI, Personal Income m/m, Unemployment Claims, Personal Spending m/m, Core PCE Price Index m/m, and 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 LEVEL:

Resistance. 3: 109.20.

Resistance. 2: 108.99.

Resistance. 1: 108.77.

Support. 1: 108.51.

Support. 2: 108.29.

Support. 3: 108.08.

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