FxWirePro: Japanese yen falls in early Asia after mixed economic data
USD/JPY is currently trading around 109.70 marks. It made intraday high at 109.77 and low at 109.40 levels. Intraday bias remains bullish till the time pair holds key support at 109.40 mark. A daily close above 109.40 wi…
It made intraday high at 109.77 and low at 109.40 levels.
Intraday bias remains bullish till the time pair holds key support at 109.40 mark.
A daily close above 109.40 will take the parity higher towards key resistances around 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 109.40 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Tokyo's Nikkei share average opens up 0.37 pct at 23,757.34.
Japan Dec CPI, core nationwide y/y stays flat at 0.9 % (forecast 0.9 %) vs previous 0.9 %.
Japan Dec CPI, overall nationwide increase to 1 % vs previous 0.6 %.
Japan Jan CPI core Tokyo y/y decrease to 0.7 % (forecast 0.8 %) vs previous 0.8 %.
Japan Jan CPI, overall Tokyo increase to 1.3 % vs previous 1 %.
