FxWirePro: Japanese yen strengthens ahead of BOJ’s policy rate decision
USD/JPY is currently trading around 109.93 marks. It made intraday high at 110.22 mark and low at 109.89 levels. Intraday bias remains bearish for the moment. A daily close above 110.22 will take the parity higher toward…
It made intraday high at 110.22 mark and low at 109.89 levels.
Intraday bias remains bearish for the moment.
A daily close above 110.22 will take the parity higher towards key resistances around 110.22, 110.70, 111.44 and 112.40 levels respectively.
On the other side, a sustained close below 109.62 will drag the parity down towards key supports around 109.02, 107.77, 106.76, 105.95, 104.00 and 102.22 levels respectively.
Japan’s Nikkei was trading 0.88 pct lower at 23,872.50 points.
