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FxWirePro: Japanese yen trades flat after mixed economic data sets

  • USD/JPY is currently trading around 110.65 marks.
     
  • It made intraday high at 110.73 and low at 110.52 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 110.28 mark.
     
  • A daily close above 110.58 will take the parity higher towards key resistances around 110.90, 111.40, 111.87, 112.56 and 113.44 levels respectively.
     
  • On the other side, a sustained close below 110.58 will drag the parity down towards key supports around 110.28, 109.96, 109.36, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
     
  • Japan May 2018 all household spending yy decrease to -3.9 (forecast -1.5, previous -1.3).
     
  • Japan May 2018 all household spending mm decrease to -0.2 (forecast -0.1, previous -1.6).
     
  • Japan June 2018 foreign reserves at 1258.7 (previous 1254.5).
     
  • Japan May 2018 overtime pay at 1.6 (previous 1.9).
     
  • Tokyo's Nikkei share average opens up 0.47 pct at 21,647.66.
  • Market Data
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