• FxWirePro: Japanese Yen trades marginally higher on robust CPI, core CPI data

    Source: FxWire Pro - Technicals / 19 Jul 2018 22:11:28   America/New_York

    • USD/JPY is currently trading around 112.34 marks.
       
    • It made intraday high at 112.62 and low at 112.27 levels.
       
    • Intraday bias remains slightly bearish till the time pair holds key resistance at 113.20 mark.
       
    • A daily close above 112.46 will take the parity higher towards key resistances around 113.20, 114.73 and 115.90 levels respectively.
       
    • On the other side, a sustained close below 112.46 will drag the parity down towards key supports around 111.90, 110.28, 109.96, 109.36 and 108.34 levels respectively.
       
    • Japan June 2018 CPI, core nationwide yy increase to 0.8 (previous 0.7).
       
    • Japan June 2018 CPI, overall nationwide stays flat to 0.7 (previous 0.7).
       
    • Japan June 2018 CPI index excluding fresh food increase to 101.
       
    • Tokyo's Nikkei share average opens down 0.13 pct at 22,734.56.
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