FxWirePro: Japanese yen trades marginally lower ahead of BOJ’s policy rate decision
Thursday, December 20, 2018 1:14 AM UTC
- USD/JPY is currently trading around 112.58 marks.
- It made intraday high at 112.60 and low at 112.35 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 112.47 will take the parity higher towards key resistances around 112.85, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
- On the other side, a sustained close below 112.47 will drag the parity down towards key supports around 112.08, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
- Tokyo's Nikkei share average opens down 0.99 pct at 20,779.93.
- Japan's Nikkei falls more than 1 pct in early trade, slips to fresh 9 - month low.