FxWirePro: Japanese yen marginally lower after final manufacturing PMI data
Wednesday, February 1, 2017 1:43 AM UTC
- USD/JPY is currently trading around 112.95 marks.
- It made intraday high at 113.13 and low at 112.64 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 112.80 will take the parity higher towards key resistances around 113.96, 114.95, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
- On the other side, a sustained close below 112.80 will drag the parity down towards key supports around 112.08, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
- Japan’s January Nikkei manufacturing PMI decreases to 52.7 vs previous 52.8.