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FxWirePro: Japanese yen trades marginally higher in early Asia after CPI, core CPI data

  • USD/JPY is currently trading around 111.24 marks.
     
  • It made intraday high at 111.29 and low at 111.08 levels.
     
  • Intraday bias remains slightly bearish for the moment.
     
  • A daily close above 111.27 will take the parity higher towards key resistances around 112.60, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 111.27 will drag the parity down towards key supports around 110.80, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Nov 2018 CPI, core nationwide yy decrease to 0.9 % (forecast 1 %) vs prevous 1 %.
     
  • Japan Nov 2018 CPI mm NSA decrease to -0.2 % vs previous 0.29 %.
     
  • Japan Nov 2018 CPI, overall nationwide decrease to 0.8 % vs previous 1.4 %.
     
  • Tokyo's Nikkei share average opens down 0.40 pct at 20,310.50.
  • Market Data
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