FxWirePro: Japanese yen remains almost unchanged after household spending, total cash earnings data
USD/JPY is currently trading around 111.70 marks. It made intraday high at 111.80 and low at 111.59 levels. Intraday bias remains slightly bullish till the time pair holds key support at 110.80 mark. A daily close above …
It made intraday high at 111.80 and low at 111.59 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 110.80 mark.
A daily close above 111.65 will take the parity higher towards key resistances around 112.10, 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.65 will drag the parity down towards key supports around 110.80, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Tokyo's Nikkei share average opens up 0.08 pct at 21,743.14.
Japan Feb 2019 overall lab cash earnings decrease to -0.8 % vs previous 1.2 %.
Japan Feb 2019 all household spending yy decrease to 1.7 % (forecast 2.1 %) vs previous 2 %.
