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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 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.
  • Market Data
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