FxWirePro: Japanese yen falls in early Asia as manufacturing PMI data misses expectations
Tuesday, September 24, 2019 1:55 AM UTC
- USD/JPY is currently trading around 107.58 marks.
- It made intraday high at 107.68 and low at 107.47 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 107.30 mark.
- A daily close above 107.52 will take the parity higher towards key resistances around 108.38, 108.95, 109.62, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 107.52 will drag the parity down towards key supports around 107.18, 106.76, 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
- Japan’s Nikkei was trading 0.20 pct higher at 22,125.50 points.
- Japan Sept manufacturing PMI stands at 48.9 pct vs 49.3 pct previous release (expected 49.5).