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FxWirePro: Japanese Yen gain in early Asia, intraday bias remains neutral

  • USD/JPY is currently trading around 111.19 marks.
     
  • It made intraday high at 111.34 and low at 111.10 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 111.23 will take the parity higher towards 111.88/112.60 and 113.42 levels respectively.
     
  • Alternatively, a break below 110.95 will drag the parity down towards key supports at 110.32, 109.48 and 107.87 levels respectively.
     
  • Later today US will release interest rate decision while tomorrow BOJ will announce monetary policy statements.
  • Market Data
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