- USD/JPY is currently trading around 111.65 marks.
- It made intraday high at 111.66 and low at 111.39 levels.
- Intraday bias remains bullish till the time pair holds key support at 111.08 marks.
- A daily close above 111.46 will take the parity higher towards key resistances around 112.49, 113.50, 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 111.46 will drag the parity down towards key supports around 111.08, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Tokyo's Nikkei share average opens up 0.57 pct at 22,613.96.
- Japan Oct 2017 retail sales y/y decrease to -0.2 percent (forecast -0.2 percent) vs previous 2.2 percent.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
