FxWirePro: Japanese yen trades marginally lower in early Asia after core machinery orders data
USD/JPY is currently trading around 113.06 marks. It made intraday high at 113.08 and low at 112.92 levels. Intraday bias remains slightly bullish till the time pair holds key support at 112.70 mark. A daily close above …
It made intraday high at 113.08 and low at 112.92 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 112.70 mark.
A daily close above 112.95 will take the parity higher towards key resistances around 113.46, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 112.70 will drag the parity down towards key supports around 111.66, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Aug 2018 machinery orders yy decrease to 12.6 % (forecast 1.6 %) vs previous 13.9 %.
Japan Aug 2018 machinery orders mm decrease to 6.8 % (forecast -4 %) vs previous 11 %.
Tokyo's Nikkei share average opens up 0.30 pct at 23,538.92.
