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FxWirePro: Japanese yen remains unchanged despite robust retail sales data

USD/JPY is currently trading around 111.02 marks. It made intraday high at 111.10 and low at 110.89 levels. Intraday bias remains neutral till the time pair holds key resistance at 111.54 mark. A daily close above 111.33…

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FxWirePro: Japanese yen remains unchanged despite robust retail sales data
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  • USD/JPY is currently trading around 111.02 marks.
     
  • It made intraday high at 111.10 and low at 110.89 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 111.54 mark.
     
  • A daily close above 111.33 will take the parity higher towards key resistances around 112.62, 113.20, 114.73 and 115.90 levels respectively.
     
  • On the other side, a sustained close below 110.97 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan June 2018 retail sales yy increase to 1.8 (forecast 1.7, previous 0.6)
     
  • Tokyo's Nikkei share average opens down 0.44 pct at 22,613.30.

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