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FxWirePro: Japanese yen trades slightly higher after mixed economic data

  • USD/JPY is currently trading around 113.37 marks.
     
  • It made intraday high at 113.48 and low at 113.33 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 113.68 mark.
     
  • A daily close above 113.47 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.47 will drag the parity down towards key supports around 112.65, 112.30, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Nov 2018 CPI tokyo ex fresh food yy stays flat at 1 % (forecast 1 %) vs previous 1 %.
     
  • Japan Oct 2018 unemployment rate increase to 2.4 % (forecast 2.3 %) vs previous 2.3 %.
     
  • Japan Nov 2018 CPI, overall Tokyo decrease to 0.8 % vs previous 1.5 %.
     
  • Japan Oct 2018 industrial output prelim mm sa increase to 2.9 % (forecast 1.2 %) vs previous -0.4 %.
     
  • Tokyo's Nikkei share average opens up 0.06 pct at 22,274.97.
  • Market Data
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