FxWirePro: Japanese yen trades marginally lower after mixed economic data
USD/JPY is currently trading around 108.50 marks. It made intraday high at 108.58 and low at 108.39 levels. Intraday bias remains neutral for the moment. A daily close above 108.56 will take the parity higher towards key…
It made intraday high at 108.58 and low at 108.39 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.56 will take the parity higher towards key resistances around 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
On the other side, a sustained close below 107.16 will drag the parity down towards key supports around 106.62, 105.25 and 104.00 levels respectively.
Japan core machinery orders May at -7.8 pct vs 5.2 pct previous release.
Japan current account at 1.595T vs 1.707T previous release.
Japan June bank lending at 2.3 pct vs 2.6 pct previous release.
