FxWirePro: Japanese yen marginally lower as Japan’s retail sales data fails to meet expectations
USD/JPY is currently trading around 114.67 marks. It made intraday high at 114.95 and low at 114.57 levels. Intraday bias remains neutral for the moment. A daily close above 115.06 will take the parity higher towards key…
It made intraday high at 114.95 and low at 114.57 levels.
Intraday bias remains neutral for the moment.
A daily close above 115.06 will take the parity higher towards key resistances around 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 115.06 will drag the parity down towards key supports around 114.39, 113.70, 113.05, 112.52, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s December retail sales y/y decreases to 0.6 % (forecast 1.3 %) vs previous 1.7 %.
Tokyo's Nikkei share average opens down 0.49 pct at 19,371.28.
