FX.co ★ Technical analysis of USD/JPY for May 10, 2016

In Asia, Japan will release the 10-y Bond Auction. The US will release some economic data such as Wholesale Inventories m/m, JOLTS Job Openings, and NFIB Small Business Index. So there is a probability the USD/JPY pair will move with low to medium volatility during this session.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 109.08.

Resistance. 2: 108.87.

Resistance. 1: 108.66.

Support. 1: 108.39.

Support. 2: 108.18.

Support. 3: 107.97.

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