FxWirePro: Japanese yen remains almost unchanged after current account, final GDP data
Monday, December 9, 2019 1:36 AM UTC
- USD/JPY is currently trading around 108.60 marks.
- It made intraday high at 108.66 mark and low at 108.54 levels.
- Intraday bias remains neutral till the time pair holds key support at 108.40 mark.
- A daily close above 108.86 will take the parity higher towards key resistances around 109.52, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 108.40 will drag the parity down towards key supports around 108.02, 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
- Japan’s Nikkei was trading 0.30 pct higher at 23,418.50 points.
- Japan’s current account data stands at 1.73T vs 1.49T previous release (expected 1.74T).
- Japan’s final GDP stands at 0.4 pct vs 0.1 pct previous release (expected 0.2).