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FxWirePro: Japanese yen rises in early Asia on the back of higher than expected retail sales data   

  • USD/JPY is currently trading around 111.57 marks.
     
  • It made intraday high at 111.75 and low at 111.54 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 111.82 mark.
     
  • A daily close above 111.67 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 111.67 will drag the parity down towards key supports around 110.95, 109.96, 109.36 and 108.34 levels respectively.
     
  • Tokyo's Nikkei share average opens up 0.75 pct at 23,020.18.
     
  • Japan July 2018 retail sales yy decrease to 1.5 % (forecast 1.2 %) vs previous 1.7 % (revised from 1.8 %).
  • Market Data
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