FxWirePro: Japanese yen trades marginally lower after mixed economic data
USD/JPY is currently trading around 111.71 marks. It made intraday high at 111.73 and low at 111.44 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.36 mark. A daily close above …
It made intraday high at 111.73 and low at 111.44 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 111.36 mark.
A daily close above 111.59 will take the parity higher towards key resistances around 112.40, 112.88, 113.26, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.59 will drag the parity down towards key supports around 111.36, 110.98, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan March 2019 industrial output prelim mm sa decrease to -0.9 % (forecast -0.1 %) vs previous 0.7 %.
Japan March 2019 unemployment rate increase to 2.5 % (forecast 2.4 %) vs previous 2.3 %.
Japan April 2019 CPI Tokyo ex fresh food yy increase to 1.3 % (forecast 1.1 %) vs previous 1.1 %.
Tokyo's Nikkei share average opens down 0.63 pct at 22,167.48.
