FxWirePro: Japanese yen falls in early Asia on the back of lower than expected Japan’s BSI manufacturing index
Friday, March 10, 2017 1:09 AM UTC
- 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 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.