Thursday, October 15, 2026

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FxWirePro: USD/JPY hovers around key resistance at 109.48, intraday bias remains neutral

USD/JPY is currently trading around 109.46 marks. It made intraday high at 109.48 and low at 109.25 levels. Intraday bias remains neutral till the time pair holds key resistance at 109.48 marks. A daily close below key 1…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/JPY hovers around key resistance at 109.48, intraday bias remains neutral
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  • USD/JPY is currently trading around 109.46 marks.
     
  • It made intraday high at 109.48 and low at 109.25 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 109.48 marks.

  • A daily close below key 109.00 will take the parity down towards 108.68, 107.43 and 105.72 levels.
     
  • On the top side, initial resistance levels are seen at 109.68, 111.23, and 112.60 marks respectively.

  • Later today, US will release CPI as well as core CPI data. Market anticipates 0.2% m/m rise vs -0.2% m/m previous release.

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By FxWirePro Team