FxWirePro: Japanese yen falls in early Asia after final manufacturing PMI data
USD/JPY is currently trading around 107.94 marks. It made intraday high at 108.12 mark and low at 107.77 levels. Intraday bias remains neutral for the moment. A daily close above 108.07 will take the parity higher toward…
It made intraday high at 108.12 mark and low at 107.77 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.07 will take the parity higher towards key resistances around 108.88, 109.68, 110.22, 110.70, 111.44 and 112.40 levels respectively.
On the other side, a sustained close below 108.07 will drag the parity down towards key supports around 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
Japan’s Nikkei was trading 2.10 pct lower at 23,159.50 points.
Japan’s final manufacturing PMI stands at 48.4 pct vs 48.8 pct previous release.
