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FxWirePro: Japanese yen trades slightly lower after household spending data

USD/JPY is currently trading around 113.27 marks. It made intraday high at 113.31 and low at 113.16 levels. Intraday bias remains bullish for the moment. A daily close above 113.18 will take the parity higher towards key…

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FxWirePro: Japanese yen trades slightly lower after household spending data
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  • USD/JPY is currently trading around 113.27 marks.
     
  • It made intraday high at 113.31 and low at 113.16 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close above 113.18 will take the parity higher towards key resistances around 113.95, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.18 will drag the parity down towards key supports around 112.56, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Tokyo's Nikkei share average opens up 0.55 pct at 22,018.87.
     
  • Japan Sep 2018 all household spending yy decrease to -1.6 % (forecast 1.6 %) vs previous 2.8 %.
     
  • Japan Sep 2018 all household spending mm decrease to -4.5 % (forecast -1.8 %) vs previous 3.5 %.

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