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FxWirePro: Japanese yen falls in early Asia after mixed economic data, hits lowest level since Dec 20

  • USD/JPY is currently trading around 111.67 marks.
     
  • It made intraday high at 111.68 and low at 111.32 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 110.45 mark.
     
  • A daily close above 111.38 will take the parity higher towards key resistances around 112.60, 113.98, 114.54 and 115.24 levels respectively.
     
  • On the other side, a sustained close below 111.38 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
     
  • Japan Jan 2019 unemployment rate increase to 2.5 % (forecast 2.4 %) vs previous 2.4 %.
     
  • Japan Feb 2019 CPI, overall tokyo increase to 0.6 % vs previous 0.4 %.
     
  • Japan Feb 2019 CPI tokyo excl food & energy y/y stays flat at 0.8 % vs previous 0.8 %.
     
  • Japan Feb 2019 Nikkei manufacturing PMI increase to 48.9 vs previous 48.5.
     
  • Tokyo's Nikkei share average opens up 0.49 pct at 21,490.02.
  • Market Data
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