FxWirePro: Japanese yen falls in early Asia on the back of lower than expected Japan’s BSI manufacturing index
USD/JPY is currently trading around 115.15 marks. It made intraday high at 115.24 and low at 114.87 levels. Intraday bias remains bullish till the time pair holds key support at 114.33 marks. A daily close above 114.92 w…
It made intraday high at 115.24 and low at 114.87 levels.
Intraday bias remains bullish till the time pair holds key support at 114.33 marks.
A daily close above 114.92 will take the parity higher towards key resistances around 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 114.92 will drag the parity down towards key supports around 114.33, 113.68, 112.74, 111.91, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s Q1 business survey index decreases to 1.1 vs previous 7.5.
