FxWirePro: Japanese yen falls after bank lending, current account data; hits lowest level since May 23, 2019
USD/JPY is currently trading around 110.08 marks. It made intraday high at 110.21 mark and low at 109.90 levels. Intraday bias remains bullish for the moment. A daily close above 109.94 will take the parity higher toward…
It made intraday high at 110.21 mark and low at 109.90 levels.
Intraday bias remains bullish for the moment.
A daily close above 109.94 will take the parity higher towards key resistances around 110.22, 110.70, 111.44 and 112.40 levels respectively.
On the other side, a sustained close below 109.94 will drag the parity down towards key supports around 109.42, 107.77, 106.76, 105.95, 104.00 and 102.22 levels respectively.
Japan’s Nikkei was trading 0.73 pct higher at 24,025.50 points.
Japan’s current account stands at 1.79T vs 1.73T pct previous release.
Japan’s bank lending stands at 1.8 pct vs 2.1 pct previous release.
