FxWirePro: Global markets under Brexit fever, USD/JPY hits fresh 22 –month low
USD/JPY is currently trading around 104.04 marks. It made intraday high at 106.81 and low at 103.08 levels. Intraday bias remains neutral for the moment as countdown begins for the Brexit vote. A sustained close below 10…
It made intraday high at 106.81 and low at 103.08 levels.
Intraday bias remains neutral for the moment as countdown begins for the Brexit vote.
A sustained close below 103.08 will drag the parity down towards key supports at 102.10 and 101.56 levels respectively.
Alternatively, a daily close above 106.23 is required to take the parity higher towards key resistances around 107.90, 110.44, 112.60 (55D EMA) and 113.42 levels respectively.
Today Japan released SPPI data with positive numbers at 0.2% m/m vs 0.1% m/m consensus forecast.
