FxWirePro: Japanese yen remains almost unchanged after household spending, total cash earnings data
Friday, April 5, 2019 1:20 AM UTC
- USD/JPY is currently trading around 111.70 marks.
- It made intraday high at 111.80 and low at 111.59 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 110.80 mark.
- A daily close above 111.65 will take the parity higher towards key resistances around 112.10, 112.60, 113.98, 114.54 and 115.24 levels respectively.
- On the other side, a sustained close below 111.65 will drag the parity down towards key supports around 110.80, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
- Tokyo's Nikkei share average opens up 0.08 pct at 21,743.14.
- Japan Feb 2019 overall lab cash earnings decrease to -0.8 % vs previous 1.2 %.
- Japan Feb 2019 all household spending yy decrease to 1.7 % (forecast 2.1 %) vs previous 2 %.