FxWirePro: Japanese yen trades marginally higher in early Asia after unemployment rate numbers, bias remains slightly bearish
USD/JPY is currently trading around 109.19 marks. It made intraday high at 109.46 and low at 109.13 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 110.10 marks. A daily close ab…
It made intraday high at 109.46 and low at 109.13 levels.
Intraday bias remains slightly bearish till the time pair holds key resistance at 110.10 marks.
A daily close above 110.10 will take the parity higher towards key resistances around 111.40, 111.87, 112.56 and 113.44 levels respectively.
On the other side, a sustained close below 109.24 will drag the parity down towards key supports around 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Japan April jobs/applicants ratio stays flat at 1.59 (forecast 1.6 ) vs previous 1.59.
Japan April unemployment rate stays flat at 2.5 % (forecast 2.5 %) vs previous 2.5 %
.
Tokyo's Nikkei share average opens down 0.22 pct at 22,431.95.
