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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 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.

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