FxWirePro: Japanese yen trades marginally higher despite lower than expected BSI manufacturing index
USD/JPY is currently trading around 113.08 marks. It made intraday high at 113.32 and low at 113.07 levels. Intraday bias remains slightly bearish till the time pair holds immediate resistance at 113.32 mark. A daily clo…
It made intraday high at 113.32 and low at 113.07 levels.
Intraday bias remains slightly bearish till the time pair holds immediate resistance at 113.32 mark.
A daily close above 113.32 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 113.32 will drag the parity down towards key supports around 112.22, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan q4 2018 business survey index decrease to 5.5 % vs previous 6.5 %.
Tokyo's Nikkei share average opens up 0.25 pct at 21,273.04.
