In Asia, Japan will release data on the SPPI y/y and Monetary Policy Meeting Minutes. The US will release economic data on the Natural Gas Storage, Crude Oil Inventories, Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, New Home Sales, Flash Services PMI, HPI m/m, Personal Income m/m, Personal Spending m/m, Durable Goods Orders m/m, Core PCE Price Index m/m, Unemployment Claims, and Core Durable Goods Orders m/m. So, there is a strong probability that the USD/JPY pair will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Resistance. 3: 123.03.

Resistance. 2: 122.77.

Resistance. 1: 122.55.

Support. 1: 122.25.

Support. 2: 122.01.

Support. 3: 121.77.

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