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FxWirePro: Japanese yen remains almost unchanged after mixed economic data, further sideways movement likely

Friday, February 8, 2019 2:15 AM UTC

USD/JPY is currently trading around 109.65 marks.
It made intraday high at 109.84 and low at 109.64 levels.
Intraday bias remains neutral for the moment.
A daily close above 109.96 will take the parity higher towards key resistances around 110.47, 112.60 and 113.98 levels respectively.
On the other side, a sustained close below 109.36 will drag the parity down towards key supports around 108.49, 107.65, 105.25, 104.30, 102.10 and 100.50 levels respectively.
Japan Dec 2018 all household spending yy increase to 0.1 % (forecast 0.8 %) vs previous -0.6 %.
Japan Dec 2018 all household spending mm decrease to -0.1 % (forecast -0.2 %) vs previous 1.1 %.
Japan Dec 2018 current account nsa jpy decrease to 452.8 jpy (forecast 429.8 jpy) vs previous 757.2 jpy.
Japan Dec 2018 current account, goods increase to 2161.777 jpy vs prev -5591.336 jpy.

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FxWirePro: Japanese yen remains almost unchanged after mixed economic data, further sideways movement likely

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