Memorial Day holiday in the US, and with that majority of US traders and financial institutions will be off, leaving the US dollar crosses with potential low volatility. The USD/JPY pair opened today’s Sydney session inside the flat daily Ichimoku cloud and below the pivot level of 111.68. The pair is supported at 110.13. In the EU, ECB President Mario Draghi is scheduled to Speak at European Parliament's Economic Committee at 1 PM GMT which might create some trading opportunity in the EUR crosses. During the next day’s Asian session, Japan’s Jobless Rate (APR) and Retail Trade (YoY) (APR)will be out at 11:30 PM GMT. Jobless rate is expected to remain unchanged at 2.8%. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.
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