FxWirePro: Japanese yen trades marginally lower after CSPI data, BOJ’s core CPI data in focus
USD/JPY is currently trading around 108.99 marks. It made intraday high at 109.00 mark and low at 108.81 levels. Intraday bias remains slightly bullish for the moment. A daily close above 108.89 will take the parity high…
It made intraday high at 109.00 mark and low at 108.81 levels.
Intraday bias remains slightly bullish for the moment.
A daily close above 108.89 will take the parity higher towards key resistances around 109.65, 110.22, 110.70, 111.44 and 112.40 levels respectively.
On the other side, a sustained close below 108.89 will drag the parity down towards key supports around 108.42, 107.84, 106.76, 105.95, 104.00 and 102.22 levels respectively.