FxWirePro: Japanese yen trades flat despite higher than expected Nikkei manufacturing PMI data
USD/JPY is currently trading around 109.35 marks. It made intraday high at 109.36 and low at 109.23 levels. Intraday bias remains neutral till the time pair holds key resistance at 109.41 mark. A daily close above 109.41…
It made intraday high at 109.36 and low at 109.23 levels.
Intraday bias remains neutral till the time pair holds key resistance at 109.41 mark.
A daily close above 109.41 will take the parity higher towards key resistances around 110.32, 110.92 and 111.87 levels respectively.
On the other side, a sustained close below 109.02 will drag the parity down towards key supports around 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Tokyo's Nikkei share average opens down 0.06 pct at 22,453.42.
Japan April Nikkei manufacturing PMI increase to 53.8 vs previous 53.3.
