FxWirePro: Japanese yen remains unchanged despite robust retail sales data
Wednesday, October 30, 2019 1:45 AM UTC
- USD/JPY is currently trading around 108.82 marks.
- It made intraday high at 108.89 and low at 108.81 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 108.93 mark.
- A daily close above 108.93 will take the parity higher towards key resistances around 109.31, 109.62, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 108.38 will drag the parity down towards key supports around 107.84, 107.47, 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
- Japan’s Nikkei was trading 0.43 pct lower at 22,874.50 points.
- Japan retail sales stands at 9.1 pct vs 1.8 pct previous release (expected 6.0).