FxWirePro: Japanese yen remains unchanged after mixed economic data, faces immediate support at 111.10 mark
Tuesday, August 7, 2018 1:51 AM UTC
- USD/JPY is currently trading around 111.32 marks.
- It made intraday high at 111.42 and low at 111.23 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 111.10 mark.
- A daily close above 111.40 will take the parity higher towards key resistances around 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 111.40 will drag the parity down towards key supports around 111.10, 110.58, 110.28, 109.96, 109.36 and 108.34 levels respectively.
- Japan June 2018 all household spending mm increase to 2.9 % (forecast 1.7 %) vs previous -0.2 %.
- Japan July 2018 foreign reserves decrease to 1256.3 usd vs prev 1258.7 usd.
- Japan June 2018 overall lab cash earnings increase to 3.6 % vs previous 2.1 %.
- Japan June 2018 overtime pay increase to 3.5 % vs previous 1.6 %.
- Tokyo's Nikkei share average opens up 0.03 pct at 22,514.31.