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FxWirePro: Japanese yen falls in early Asia as industrial production data misses expectations, BOJ’s policy rate decision in focus

  • USD/JPY is currently trading around 113.26 marks.
     
  • It made intraday high at 113.28 and low at 113.02 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close above 113.11 will take the parity higher towards key resistances around 113.46, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.11 will drag the parity down towards key supports around 112.30, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Sep 2018 industrial output prelim mm sa decrease to -1.1 % (forecast -0.3 %) vs previous 0.2 %,
     
  • Tokyo's Nikkei share average opens up 0.52 pct at 21,569.56.
  • Market Data
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