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FxWirePro: Japanese yen falls in early Asia after mixed economic data

  • USD/JPY is currently trading around 113.25 marks.
     
  • It made intraday high at 113.26 and low at 113.07 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 112.57 marks.
     
  • A daily close above 113.08 will take the parity higher towards key resistances around 113.50,  114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
     
  • On the other side, a sustained close below 113.08 will drag the parity down towards key supports around 112.57, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
     
  • JAPAN OCT 2017 CURRENT ACCOUNT NSA JPY DECREASE TO 2176.4 JPY (FCAST 1720.5 JPY) VS PREV 2271.2 JPY.
     
  • Japan Q3 2017 GDP revised q/q increase to 0.6 percent (forecast 0.4 percent) vs previous 0.3 percent.
     
  • Japan Q3 2017 GDP cap ex rev q/q increase to 1.1 percent (forecast 0.4 percent) vs previous 0.2 percent.
     
  • Japan Oct 2017 overtime pay decrease to 0.2 percent vs previous 0.9 percent.
     
  • Tokyo's Nikkei share average opens up 0.58 pct at 22,627.95.

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