FxWirePro: Japanese yen trades marginally lower despite higher than expected manufacturing PMI data
USD/JPY is currently trading around 109.36 marks. It made intraday high at 109.41 and low at 109.09 levels. Intraday bias remains slightly bullish for the moment. A daily close above 109.18 will take the parity higher to…
It made intraday high at 109.41 and low at 109.09 levels.
Intraday bias remains slightly bullish for the moment.
A daily close above 109.18 will take the parity higher towards key resistances around 109.40, 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 109.18 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Japan Jan Nikkei manufacturing PMI increase to 54.8 vs previous 54.4.
Tokyo's Nikkei share average opens up 0.77 pct at 23,276.10.
