FxWirePro: Japanese yen trades flat in early Asia despite higher than expected trade balance data
USD/JPY is currently trading around 108.17 marks. It made intraday high at 108.21 and low at 108.08 levels. Intraday bias remains neutral for the moment. A daily close above 108.10 will take the parity higher towards key…
It made intraday high at 108.21 and low at 108.08 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.10 will take the parity higher towards key resistances around 108.38, 108.95, 109.62, 110.70, 111.44 and 112.40 levels respectively.
On the other side, a sustained close below 108.10 will drag the parity down towards key supports around 107.44, 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
Japan’s Nikkei was trading 0.02 pct higher at 22,006.50 points.
Japan exports Aug y/y stands at -8.2 pct vs -1.5 pct previous release.
Japan imports Aug y/y stands at -12.0 pct vs -1.2 pct previous release.
Japan trade balance Aug y/y stands at -136.3B pct vs -250.7B pct previous release.
