FxWirePro: Japanese yen marginally lower after mixed economic data from Japan
USD/JPY is currently trading around 112.08 marks. It made intraday high at 112.15 and low at 111.70 levels. Intraday bias remains neutral for the moment. A daily close above 111.92 will take the parity higher towards key…
It made intraday high at 112.15 and low at 111.70 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.92 will take the parity higher towards key resistances around 112.86, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 111.92 will drag the parity down towards key supports around 110.93, 110.17, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s February CPI, core nationwide y/y increase to 0.2 % (forecast 0.2 %) vs previous 0.1 %.
Japan’s February CPI, overall nationwide decrease to 0.3 % vs previous 0.4 %.
Japan’s February unemployment rate decrease to 2.8 % (forecast 3.0 %) vs previous 3.0 %.
Japan’s February industrial output prelim mm increase to 2 % (forecast 1.2 %) vs previous -0.4 %.
