Technical analysis: Important intraday Level for USD/JPY, Dec 20, 2019


The National Core CPI y/y from Japan is due. The US will release such economic data as Treasury Currency Report, Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Personal Income m/m, Personal Spending m/m, Core PCE Price Index m/m, Final GDP Price Index q/q, and Final GDP q/q. 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. 3:109.91. Resistance. 2:109.69. Resistance. 1:109.45. Support. 1:109.21. Support. 2:109.00. Support. 3:108.78. (Disclaimer)

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Source:: Technical analysis: Important intraday Level for USD/JPY, December 20,2019

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