FxWirePro: Japanese yen gains as Japan’s December services PMI rises to 52.3, highest in 11 months
USD/JPY is currently trading around 116.62 marks. It made intraday high at 117.42 and low at 116.30 levels. Intraday bias remains bearish till the time pair holds key resistance at 118.18 levels. A daily close above 118.…
It made intraday high at 117.42 and low at 116.30 levels.
Intraday bias remains bearish till the time pair holds key resistance at 118.18 levels.
A daily close above 118.18 will take the parity higher towards key resistances around 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 117.21 will drag the parity down towards key supports around 116.30, 114.77, 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s December services PMI rises to 52.3, highest in 11 months, from 51.8 in November.
Tokyo's Nikkei share average opens up 0.04 pct at 19,602.10.
