FxWirePro: Japanese yen trades marginally lower after CPI, core CPI data
USD/JPY is currently trading around 110.82 marks. It made intraday high at 110.93 and low at 110.53 levels. Intraday bias remains slightly bullish till the time pair holds key support at 110.45 mark. A daily close above …
It made intraday high at 110.93 and low at 110.53 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 110.45 mark.
A daily close above 110.60 will take the parity higher towards key resistances around 111.70, 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 110.61 will drag the parity down towards key supports around 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan March 2019 CPI Tokyo ex fresh food yy stays flat at 1.1 % (forecast 1.1 %) vs prev 1.1 %.
Japan Feb 2019 unemployment rate decrease to 2.3 % (fcast 2.5 %) vs previous 2.5 %.
Japan Feb 2019 industrial output prelim mm sa increase to 1.4 % (forecast 1 %) vs previous -3.4 %.
Tokyo's Nikkei share average opens up 0.93 pct at 21,228.51.
