FX.co ★ Technical analysis of USD/JPY for October 02, 2015

In Asia, Japan will release data on the Monetary Base y/y, Unemployment Rate, and Household Spending y/y. The US will unveil data about Factory Orders m/m, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So, there is a strong probability that the USD/JPY pair will move with low volatility during the Asian session, but with medium to high volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 120.55.

Resistance. 2: 120.32.

Resistance. 1: 120.08.

Support. 1: 119.79.

Support. 2: 119.55.

Support. 3: 119.32.

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