• FxWirePro: Japanese Yen remains unchanged after trade balance data, faces immediate support at 112.27 Mark

    Source: FxWire Pro - Technicals / 18 Jul 2018 22:32:33   America/New_York

    • USD/JPY is currently trading around 112.71 marks.
       
    • It made intraday high at 112.88 and low at 112.67 levels.
       
    • Intraday bias remains neutral till the time pair holds key resistance at 112.83 mark.
       
    • A daily close above 112.83 will take the parity higher towards key resistances around 113.44, 114.72, 115.62 and 117.20 levels respectively.
       
    • On the other side, a sustained close below 112.83 will drag the parity down towards key supports around 112.27, 110.82, 110.28, 109.96, 109.36 and 108.34 levels respectively.
       
    • Japan June 2018 trade balance total yen increase to 721.4 bln.
       
    • Tokyo's Nikkei share average opens up 0.34 pct at 22,871.62.
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