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MT5.com - Technical analysis: Important Intraday Levels for USD/JPY, May 15, 2019

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Forex Analysis:::2019-05-15

Technical analysis: Important Intraday Levels for USD/JPY, May 15, 2019

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In Asia, Japan will release the Prelim Machine Tool Orders y/y and M2 Money Stock y/y. The US will also publish some economic data such as TIC Long-Term Purchases, Crude Oil Inventories, NAHB Housing Market Index, Business Inventories m/m, Industrial Production m/m, Capacity Utilization Rate, Empire State Manufacturing Index, Retail Sales m/m, and Core Retail Sales 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: 110.19. Resistance. 2: 110.00. Resistance. 1: 109.79. Support. 1: 109.50. Support. 2: 109.29. Support. 3: 109.07.(Disclaimer)

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Arief Makmur
Analyst InstaForex
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