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FxWirePro: Japanese yen remains almost unchanged after manufacturing PMI, CPI data

USD/JPY is currently trading around 107.35 marks. It made intraday high at 107.37 and low at 107.23 levels. Intraday bias remains neutral till the time pair holds key support at 107.29 marks. A daily close above 107.29 w…

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FxWirePro: Japanese yen remains almost unchanged after manufacturing PMI, CPI data
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  • USD/JPY is currently trading around 107.35 marks.
     
  • It made intraday high at 107.37 and low at 107.23 levels.
     
  • Intraday bias remains neutral till the time pair holds key support at 107.29 marks.
     
  • A daily close above 107.29 will take the parity higher towards key resistances around 108.14, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
     
  • On the other side, a sustained close below 107.29 will drag the parity down towards key supports around 106.62, 105.25 and 104.00 levels respectively.
     
  • Japan Jun 2019 nikkei manufacturing PMI flash decrease to 49.5 vs previous 49.8.
     
  • Japan May 2019 CPI nsa stays flat at 101.8 vs previous101.8.
     
  • Japan May 2019 CPI, core nationwide yy decrease to 0.8 % (forecast 0.8 %) vs previous 0.9 %.
     
  • Japan May 2019 CPI ex fresh food and energy decrease to 0.5 % vs previous 0.6 %.
     
  • Japan May 2019 CPI, overall nationwide decrease to 0.7 % vs previous 0.9 %.

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