FxWirePro: Japanese yen remains almost unchanged after retail sales data
USD/JPY is currently trading around 107.70 marks. It made intraday high at 107.79 and low at 107.66 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.78 marks. A daily close above 107.7…
It made intraday high at 107.79 and low at 107.66 levels.
Intraday bias remains neutral till the time pair holds key resistance at 107.78 marks.
A daily close above 107.78 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 107.16 will drag the parity down towards key supports around 106.62, 105.25 and 104.00 levels respectively.
Japan May 2019 retail sales yy increase to 1.2 % (forecast 1.2 %) vs previous 0.4 % (revised from 0.5 %).
Tokyo's Nikkei share average opens up 0.33 pct at 21,156.88.
