• FxWirePro: Japanese Yen trades almost flat despite robust Reuters tankan index

    Source: FxWire Pro - Technicals / 16 Aug 2018 22:08:41   America/New_York

    • USD/JPY is currently trading around 110.86 marks.
       
    • It made intraday high at 111.05 and low at 110.80 levels.
       
    • Intraday bias remains neutral for the moment.
       
    • A daily close above 111.15 will take the parity higher towards key resistances around 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
       
    • On the other side, a sustained close below 110.75 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
       
    • Japan August 2018 Reuters tankan index increase to 30 vs previous 25.
       
    • Tokyo's Nikkei share average opens up 0.55 pct at 22,313.19.
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