FxWirePro: Japanese yen trades almost flat despite robust Reuters tankan index
USD/JPY is currently trading around 110.86 marks. It made intraday high at 111.05 and low at 110.80 levels. Intraday bias remains neutral for the moment. A daily close above 111.15 will take the parity higher towards key…
It made intraday high at 111.05 and low at 110.80 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.15 will take the parity higher towards key resistances around 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
On the other side, a sustained close below 110.75 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
Japan August 2018 Reuters tankan index increase to 30 vs previous 25.
Tokyo's Nikkei share average opens up 0.55 pct at 22,313.19.
