FxWirePro: Japanese yen trades slightly higher after mixed economic data
USD/JPY is currently trading around 113.37 marks. It made intraday high at 113.48 and low at 113.33 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 113.68 mark. A daily close abo…
It made intraday high at 113.48 and low at 113.33 levels.
Intraday bias remains slightly bearish till the time pair holds key resistance at 113.68 mark.
A daily close above 113.47 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 113.47 will drag the parity down towards key supports around 112.65, 112.30, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Nov 2018 CPI tokyo ex fresh food yy stays flat at 1 % (forecast 1 %) vs previous 1 %.
Japan Oct 2018 unemployment rate increase to 2.4 % (forecast 2.3 %) vs previous 2.3 %.
Japan Nov 2018 CPI, overall Tokyo decrease to 0.8 % vs previous 1.5 %.
Japan Oct 2018 industrial output prelim mm sa increase to 2.9 % (forecast 1.2 %) vs previous -0.4 %.
Tokyo's Nikkei share average opens up 0.06 pct at 22,274.97.
