FxWirePro: Japanese yen falls in early Asia after mixed economic data, hits lowest level since Dec 20
USD/JPY is currently trading around 111.67 marks. It made intraday high at 111.68 and low at 111.32 levels. Intraday bias remains bullish till the time pair holds key support at 110.45 mark. A daily close above 111.38 wi…
It made intraday high at 111.68 and low at 111.32 levels.
Intraday bias remains bullish till the time pair holds key support at 110.45 mark.
A daily close above 111.38 will take the parity higher towards key resistances around 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.38 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Jan 2019 unemployment rate increase to 2.5 % (forecast 2.4 %) vs previous 2.4 %.
Japan Feb 2019 CPI, overall tokyo increase to 0.6 % vs previous 0.4 %.
Japan Feb 2019 CPI tokyo excl food & energy y/y stays flat at 0.8 % vs previous 0.8 %.
Japan Feb 2019 Nikkei manufacturing PMI increase to 48.9 vs previous 48.5.
Tokyo's Nikkei share average opens up 0.49 pct at 21,490.02.
