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FxWirePro: Japanese yen falls against U.S. dollar after mixed economic data, hits lowest level since December 2017

USD/JPY is currently trading around 113.47 marks. It made intraday high at 113.63 and low at 113.33 levels. Intraday bias remains bullish till the time pair holds key support at 112.75 mark. A daily close above 113.35 wi…

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FxWirePro: Japanese yen falls against U.S. dollar after mixed economic data, hits lowest level since December 2017
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  • USD/JPY is currently trading around 113.47 marks.
     
  • It made intraday high at 113.63 and low at 113.33 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 112.75 mark.
     
  • A daily close above 113.35 will take the parity higher towards key resistances around 113.75, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.35 will drag the parity down towards key supports around 112.75, 111.70, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Aug 2018 retail sales yy increase to 2.7 % (forecast 2.1 %) vs previous 1.5 %.
     
  • Japan Aug 2018 industrial output prelim mm sa increase to 0.7 % (forecast 1.5 %) vs previous -0.2 %.
     
  • Japan Sep 2018 core CPI Tokyo mm decrease to -0.1 % vs previous 0.5 %.
     
  • Japan Aug 2018 unemployment rate decrease to 2.4 % (forecast 2.5 %) vs previous 2.5 %.
     
  • Tokyo's Nikkei share average opens up 1.19 pct at 24,080.01.

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