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FxWirePro: Japanese yen remains unchanged after mixed economic data, faces immediate support at 111.10 mark

USD/JPY is currently trading around 111.32 marks. It made intraday high at 111.42 and low at 111.23 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.10 mark. A daily close above …

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FxWirePro: Japanese yen remains unchanged after mixed economic data, faces immediate support at 111.10 mark
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  • USD/JPY is currently trading around 111.32 marks.
     
  • It made intraday high at 111.42 and low at 111.23 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 111.10 mark.
     
  • A daily close above 111.40 will take the parity higher towards key resistances around 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
     
  • On the other side, a sustained close below 111.40 will drag the parity down towards key supports around 111.10, 110.58, 110.28, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan June 2018 all household spending mm increase to 2.9 % (forecast 1.7 %) vs previous -0.2 %.
     
  • Japan July 2018 foreign reserves decrease to 1256.3 usd vs prev 1258.7 usd.
     
  • Japan June 2018 overall lab cash earnings increase to 3.6 % vs previous 2.1 %.
     
  • Japan June 2018 overtime pay increase to 3.5 % vs previous 1.6 %.
     
  • Tokyo's Nikkei share average opens up 0.03 pct at 22,514.31.

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