FxWirePro: Japanese yen remains unchanged despite robust manufacturing PMI data
Wednesday, August 1, 2018 2:01 AM UTC
- USD/JPY is currently trading around 111.80 marks.
- It made intraday high at 111.90 and low at 110.70 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 111.95 mark.
- A daily close above 111.86 will take the parity higher towards key resistances around 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 111.86 will drag the parity down towards key supports around 110.97, 110.28, 109.96, 109.36 and 108.34 levels respectively.
- Tokyo's Nikkei share average opens up 0.39 pct at 22,642.18.
- Japan July 2018 nikkei manufacturing PMI increase to 52.3 vs previous 51.6.