• FxWirePro: Japanese Yen remains almost unchanged after current account, final GDP data

    Source: FxWire Pro - Technicals / 08 Dec 2019 20:51:06   America/New_York

    • USD/JPY is currently trading around 108.60 marks.
       
    • It made intraday high at 108.66 mark and low at 108.54 levels.
       
    • Intraday bias remains neutral till the time pair holds key support at 108.40 mark.
       
    • A daily close above 108.86 will take the parity higher towards key resistances around 109.52, 110.70, 111.44 and 112.40 levels respectively.
       
    • On the other side, a sustained close below 108.40 will drag the parity down towards key supports around 108.02, 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
       
    • Japan’s Nikkei was trading 0.30 pct higher at 23,418.50 points.
       
    • Japan’s current account data stands at 1.73T vs 1.49T previous release (expected 1.74T).
       
    • Japan’s final GDP stands at 0.4 pct vs 0.1 pct previous release (expected 0.2).
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