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FxWirePro: Japanese yen falls in eatly Asia after mixed economic data sets

  • USD/JPY is currently trading around 111.02 marks.
     
  • It made intraday high at 111.05 and low at 110.59 levels.
     
  • Intraday bias remains Bullish till the time pair holds key support at 110.37 mark.
     
  • A daily close above 110.66 will take the parity higher towards key resistances around 111.40, 111.87, 112.56 and 113.44 levels respectively.
     
  • On the other side, a sustained close below 110.66 will drag the parity down towards key supports around 110.37, 109.96, 109.36, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
     
  • Japan Q2 2018 Tankan big manufacturing index decrease to 21 (forecast 22 ).
     
  • Japan Q2 2018 Tankan big non-manufacturing index increase to 24 (forecast 23 ).
     
  • Japan June 2018 nikkei manufacturing PMI increase to 53.
     
  • Tokyo's Nikkei share average opens down 0.32 pct at 22,233.80.
  • Market Data
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