FxWirePro: Japanese yen trades marginally lower after mixed economic data
USD/JPY is currently trading around 111.38 marks. It made intraday high at 111.42 and low at 111.17 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.04 mark. A daily close above …
It made intraday high at 111.42 and low at 111.17 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 111.04 mark.
A daily close above 111.67 will take the parity higher towards key resistances around 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
On the other side, a sustained close below 111.04 will drag the parity down towards key supports around 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan July 2018 machinery orders mm increase to 11 % (forecast 5.7 %) vs previous -8.8 %.
Japan Aug 2018 corporate goods price yy decrease to 3 % (forecast 3.1 %) vs previous 3.1 %.
Japan Sep 2018 Reuters tankan decrease to 26 vs previous 30.
Tokyo's Nikkei share average opens up 0.24 pct at 22,657.95.
