FxWirePro: Japanese yen trades marginally lower despite higher than expected manufacturing PMI data
Thursday, August 23, 2018 1:07 AM UTC
- USD/JPY is currently trading around 110.76 marks.
- It made intraday high at 110.76 and low at 110.51 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 110.55 will take the parity higher towards key resistances around 111.05, 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 110.55 will drag the parity down towards key supports around 109.96, 109.36 and 108.34 levels respectively.
- Tokyo's nikkei share average opens up 0.26 pct at 22,420.67.
- Japan Aug 2018 Nikkei manufacturing PMI flash increase to 52.5 vs previous 52.3.