FxWirePro: Japanese yen remains almost unchanged despite robust household spending data
Friday, July 5, 2019 1:09 AM UTC
- 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 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.