- USD/JPY is currently trading around 110.10 marks.
- It made intraday high at 110.14 and low at 109.88 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 109.88 marks.
- A daily close above 110.00 will take the parity higher towards key resistances around 110.94, 111.47, 112.86, 113.57, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
- On the other side, a sustained close below 109.88 will drag the parity down towards key supports around 109.54, 108.13, 107.44, 106.72, 106.03 and 104.96 levels respectively.
- Japan August Nikkei manufacturing PMI decrease to 52.2 vs previous 52.8.
- Japan Q2 business CAPEX (mof) y/y decrease to 1.5 % vs previous 4.5 %.
- Tokyo's nikkei share average opens up 0.44 pct at 19,733.57.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
