FX.co ★ Technical analysis: Intraday level for USD/JPY, May 16, 2018

In Asia, Japan will release the Revised Industrial Production m/m, Prelim GDP Price Index y/y, Prelim GDP q/q and the US will release some Economic Data such as Crude Oil Inventories, Industrial Production m/m, Capacity Utilization Rate, Housing Starts, and Building Permits. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 110.92.

Resistance. 2: 110.70.

Resistance. 1: 110.49.

Support. 1: 110.22.

Support. 2: 110.01.

Support. 3: 109.79.

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