FxWirePro: Japanese yen trades almost flat after PPI, core machinery orders data
USD/JPY is currently trading around 108.46 marks. It made intraday high at 108.56 and low at 108.44 levels. Intraday bias remains neutral for the moment. A daily close above 108.51 will take the parity higher towards key…
It made intraday high at 108.56 and low at 108.44 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.51 will take the parity higher towards key resistances around 109.50, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
On the other side, a sustained close below 108.51 will drag the parity down towards key supports around 108.06, 107.65, 106.90, 106.32 and 105.25 levels respectively.
Japan April 2019 machinery orders mm increase to 5.2 % (forecast -0.8 %) vs previous 3.8 %.
Japan May 2019 corp goods price mm decrease to -0.1 % vs previous 0.3 %.
Tokyo's Nikkei share average opens down 0.35 pct at 21,130.39.
