FxWirePro: Japanese yen falls after bank lending, current account data; hits lowest level since May 23, 2019
Tuesday, January 14, 2020 1:43 AM UTC
- USD/JPY is currently trading around 110.08 marks.
- It made intraday high at 110.21 mark and low at 109.90 levels.
- Intraday bias remains bullish for the moment.
- A daily close above 109.94 will take the parity higher towards key resistances around 110.22, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 109.94 will drag the parity down towards key supports around 109.42, 107.77, 106.76, 105.95, 104.00 and 102.22 levels respectively.
- Japan’s Nikkei was trading 0.73 pct higher at 24,025.50 points.
- Japan’s current account stands at 1.79T vs 1.73T pct previous release.
- Japan’s bank lending stands at 1.8 pct vs 2.1 pct previous release.