FxWirePro: Japanese yen remains flat against major peers despite robust manufacturing PMI data
Wednesday, January 4, 2017 12:57 AM UTC
- USD/JPY is currently trading around 117.76 marks.
- It made intraday high at 117.85 and low at 117.54 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 117.97 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 116.97 will drag the parity down towards key supports around 116.54, 114.77, 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
- Japan December Nikkei manufacturing PMI increases to 52.4 vs previous 51.9.
- Tokyo's Nikkei share average opens up 0.96 pct at 19,298.68.