FxWirePro: Japanese yen trades flat ahead of BOJ’s policy rate decision
USD/JPY is currently trading around 110.93 marks. It made intraday high at 111.00 and low at 110.85 levels. Intraday bias remains neutral for the moment. A daily close above 111.35 will take the parity higher towards key…
It made intraday high at 111.00 and low at 110.85 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.35 will take the parity higher towards key resistances around 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 110.92 will drag the parity down towards key supports around 110.42, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Tokyo's Nikkei share average opens up 0.45 pct at 23,924.40.