FxWirePro: Japanese yen trades marginally lower ahead of BOJ’s policy rate decision
USD/JPY is currently trading around 112.58 marks. It made intraday high at 112.60 and low at 112.35 levels. Intraday bias remains neutral for the moment. A daily close above 112.47 will take the parity higher towards key…
It made intraday high at 112.60 and low at 112.35 levels.
Intraday bias remains neutral for the moment.
A daily close above 112.47 will take the parity higher towards key resistances around 112.85, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 112.47 will drag the parity down towards key supports around 112.08, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Tokyo's Nikkei share average opens down 0.99 pct at 20,779.93.
Japan's Nikkei falls more than 1 pct in early trade, slips to fresh 9 - month low.
