• FxWirePro: Japanese Yen remains unchanged after boj’s monetary policy meeting minutes

    Source: FxWire Pro - Technicals / 19 Jun 2018 22:26:04   America/New_York

    • USD/JPY is currently trading around 110.08 marks.
       
    • It made intraday high at 110.14 and low at 109.85 levels.
       
    • Intraday bias remains slightly bullish till the time pair holds key support at 109.55 marks.
       
    • A daily close above 110.05 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 110.05 will drag the parity down towards key supports around 109.55, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
       
    • BOJ April meeting minutes - Members noted that companies likely to gradually shift toward raising wages and prices.
       
    • BOJ minutes - Many members said necessary to maintain current easy policy.
       
    • BOJ minutes - Some members said important to monitor impact of monetary easing on financial system.
       
    • Tokyo's Nikkei share average opens up 0.27 pct at 22,338.53.
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