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FxWirePro: Japanese yen marginally lower after final manufacturing PMI data

  • 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.
  • Market Data
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