FxWirePro: Japanese yen falls in early Asia as industrial production data misses expectations, BOJ’s policy rate decision in focus
USD/JPY is currently trading around 113.26 marks. It made intraday high at 113.28 and low at 113.02 levels. Intraday bias remains bullish for the moment. A daily close above 113.11 will take the parity higher towards key…
It made intraday high at 113.28 and low at 113.02 levels.
Intraday bias remains bullish for the moment.
A daily close above 113.11 will take the parity higher towards key resistances around 113.46, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 113.11 will drag the parity down towards key supports around 112.30, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Sep 2018 industrial output prelim mm sa decrease to -1.1 % (forecast -0.3 %) vs previous 0.2 %,
Tokyo's Nikkei share average opens up 0.52 pct at 21,569.56.
