FxWirePro: Japanese yen slightly down in early Asia as household spending data misses expectations
USD/JPY is currently trading around 109.86 marks. It made intraday high at 109.99 and low at 109.77 levels. Intraday bias remains bullish till the time pair holds key support at 109.37 marks. A daily close above 109.81 w…
It made intraday high at 109.99 and low at 109.77 levels.
Intraday bias remains bullish till the time pair holds key support at 109.37 marks.
A daily close above 109.81 will take the parity higher towards key resistances around 110.10, 111.40, 111.87, 112.56 and 113.44 levels respectively.
On the other side, a sustained close below 109.81 will drag the parity down towards key supports around 109.37, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Japan April all household spending m/m decrease to -1.6 % (forecast 0.7 %) vs previous -0.1 %.
Japan April all household spding y/y decrease to -1.3 % (forecast 0.8 %) vs previous -0.7 %.
Tokyo's Nikkei share average opens up 0.34 pct at 22,552.17.
