FxWirePro: Japanese yen falls in early Asia as manufacturing PMI data fails to meet expectations
USD/JPY is currently trading around 112.44 marks. It made intraday high at 112.52 and low at 112.11 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.99 marks. A daily close above…
It made intraday high at 112.52 and low at 112.11 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 111.99 marks.
A daily close above 111.99 will take the parity higher towards key resistances around 112.86, 113.57, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 111.99 will drag the parity down towards key supports around 111.57, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Japan Sept flash manufacturing PMI releases at 52.6 m/m vs 52.2 m/m previous release (forecast 53.4).
Tokyo's Nikkei share average opens up 0.70 pct at 20,439.43.
