FxWirePro: Japanese yen remains almost unchanged despite robust household spending data
USD/JPY is currently trading around 107.86 marks. It made intraday high at 107.88 and low at 107.76 levels. Intraday bias remains neutral for the moment. A daily close above 107.90 will take the parity higher towards key…
It made intraday high at 107.88 and low at 107.76 levels.
Intraday bias remains neutral for the moment.
A daily close above 107.90 will take the parity higher towards key resistances around 108.53, 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 household spending m/m at 5.5 pct vs -1.4 pct previous release.
Tokyo's Nikkei share was trading at flat at 21,702.50 points.
