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FxWirePro: Japanese yen remains almost unchanged after retail sales data

USD/JPY is currently trading around 109.24 marks. It made intraday high at 109.44 and low at 109.22 levels. Intraday bias remains neutral for the moment. A daily close above 109.76 will take the parity higher towards key…

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FxWirePro: Japanese yen remains almost unchanged after retail sales data
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  • USD/JPY is currently trading around 109.24 marks.
     
  • It made intraday high at 109.44 and low at 109.22 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 109.76 will take the parity higher towards key resistances around 110.47, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 109.24 will drag the parity down towards key supports around 108.68, 107.65, 105.25, 104.30, 102.10 and 100.50 levels respectively.
     
  • Japan Dec 2018 retail sales yy decrease to 1.3 % (forecast 0.8 %) vs previous 1.4 %.
     
  • Tokyo's Nikkei share average opens up 0.18 pct at 20,701.62.

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