FxWirePro: Japanese yen trades marginally higher in early Asia after CPI, core CPI data
USD/JPY is currently trading around 111.24 marks. It made intraday high at 111.29 and low at 111.08 levels. Intraday bias remains slightly bearish for the moment. A daily close above 111.27 will take the parity higher to…
It made intraday high at 111.29 and low at 111.08 levels.
Intraday bias remains slightly bearish for the moment.
A daily close above 111.27 will take the parity higher towards key resistances around 112.60, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 111.27 will drag the parity down towards key supports around 110.80, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Nov 2018 CPI, core nationwide yy decrease to 0.9 % (forecast 1 %) vs prevous 1 %.
Japan Nov 2018 CPI mm NSA decrease to -0.2 % vs previous 0.29 %.
Japan Nov 2018 CPI, overall nationwide decrease to 0.8 % vs previous 1.4 %.
Tokyo's Nikkei share average opens down 0.40 pct at 20,310.50.
