FxWirePro: Japanese yen trades almost flat ahead of BOJ’s policy rate decision
Thursday, April 25, 2019 1:56 AM UTC
- USD/JPY is currently trading around 112.03 marks.
- It made intraday high at 112.23 and low at 111.99 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 112.40 mark.
- A daily close above 112.17 will take the parity higher towards key resistances around 112.40, 112.88, 113.26, 114.54 and 115.24 levels respectively.
- On the other side, a sustained close below 112.17 will drag the parity down towards key supports around 111.68, 110.98, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
- BOJ will release key policy rate as well as monetary policy statement around 0300 GMT.
- Tokyo's Nikkei share average opens down 0.08 pct at 22,183.32.