In Asia, Japan will not release any data today, but the US is expected to unveil figures for Business Inventories m/m, Import Prices m/m, Retail Sales m/m, Core Retail Sales m/m, and NFIB Small Business Index. So, there is a strong probability that USD/JPY will move with low volatility during the Asian session, but with low to medium volatility during the US session.

TODAY TECHNICAL LEVELS:

Resistance. 3: 124.22.

Resistance. 2: 123.97.

Resistance. 1: 123.73.

Support. 1: 123.44.

Support. 2: 123.20.

Support. 3: 122.96.

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