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FxWirePro: Japanese yen trades marginally higher on robust CPI, core CPI data

USD/JPY is currently trading around 112.34 marks. It made intraday high at 112.62 and low at 112.27 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 113.20 mark. A daily close abo…

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FxWirePro: Japanese yen trades marginally higher on robust CPI, core CPI data
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  • USD/JPY is currently trading around 112.34 marks.
     
  • It made intraday high at 112.62 and low at 112.27 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 113.20 mark.
     
  • A daily close above 112.46 will take the parity higher towards key resistances around 113.20, 114.73 and 115.90 levels respectively.
     
  • On the other side, a sustained close below 112.46 will drag the parity down towards key supports around 111.90, 110.28, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan June 2018 CPI, core nationwide yy increase to 0.8 (previous 0.7).
     
  • Japan June 2018 CPI, overall nationwide stays flat to 0.7 (previous 0.7).
     
  • Japan June 2018 CPI index excluding fresh food increase to 101.
     
  • Tokyo's Nikkei share average opens down 0.13 pct at 22,734.56.

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