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FxWirePro: Japanese yen remains almost unchanged after manufacturing PMI, CPI data

  • USD/JPY is currently trading around 107.35 marks.
     
  • It made intraday high at 107.37 and low at 107.23 levels.
     
  • Intraday bias remains neutral till the time pair holds key support at 107.29 marks.
     
  • A daily close above 107.29 will take the parity higher towards key resistances around 108.14, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
     
  • On the other side, a sustained close below 107.29 will drag the parity down towards key supports around 106.62, 105.25 and 104.00 levels respectively.
     
  • Japan Jun 2019 nikkei manufacturing PMI flash decrease to 49.5 vs previous 49.8.
     
  • Japan May 2019 CPI nsa stays flat at 101.8 vs previous101.8.
     
  • Japan May 2019 CPI, core nationwide yy decrease to 0.8 % (forecast 0.8 %) vs previous 0.9 %.
     
  • Japan May 2019 CPI ex fresh food and energy decrease to 0.5 % vs previous 0.6 %.
     
  • Japan May 2019 CPI, overall nationwide decrease to 0.7 % vs previous 0.9 %.
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