FxWirePro: Japanese yen trades marginally higher despite lower than expected Nikkei manufacturing PMI data
USD/JPY is currently trading around 110.81 marks. It made intraday high at 110.91 and low at 110.72 levels. Intraday bias remains neutral for the moment. A daily close above 111.03 will take the parity higher towards key…
It made intraday high at 110.91 and low at 110.72 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.03 will take the parity higher towards key resistances around 111.40, 111.87, 112.56 and 113.44 levels respectively.
On the other side, a sustained close below 110.60 will drag the parity down towards key supports around 109.82, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Japan May Nikkei manufacturing PMI flash decrease to 52.5 vs previous 53.8.
Tokyo's Nikkei share average opens down 0.40 pct at 22,868.79.
