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FxWirePro: Japanese yen trades marginally lower after mixed economic data sets, bias remains neutral

  • USD/JPY is currently trading around 110.03 marks.
     
  • It made intraday high at 110.07 and low at 109.83 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 109.95 will take the parity higher towards key resistances around 110.85, 111.40, 111.87, 112.56 and 113.44 levels respectively.
     
  • On the other side, a sustained close below 109.95 will drag the parity down towards key supports around 109.20, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
     
  • Japan May 2018 CPI, core nationwide yy increase to 0.7 (forecast 0.7 ).
     
  • Japan May 2018 CPI, overall nationwide increase to 0.7.
     
  • Japan May 2018 CPI index excluding fresh food increase to 101.
     
  • Japan June 2018 Nikkei manufacturing PMI flash increase to 53.1. 
     
  • Tokyo's Nikkei share average opens down 1.04 pct at 22,456.45.
  • Market Data
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