FxWirePro: Japanese yen trades almost flat despite robust Reuters tankan index
Friday, August 17, 2018 1:53 AM UTC
- USD/JPY is currently trading around 110.86 marks.
- It made intraday high at 111.05 and low at 110.80 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 111.15 will take the parity higher towards key resistances around 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 110.75 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
- Japan August 2018 Reuters tankan index increase to 30 vs previous 25.
- Tokyo's Nikkei share average opens up 0.55 pct at 22,313.19.