FxWirePro: Japanese yen trades marginally lower despite higher than expected manufacturing PMI data
USD/JPY is currently trading around 110.76 marks. It made intraday high at 110.76 and low at 110.51 levels. Intraday bias remains slightly bullish for the moment. A daily close above 110.55 will take the parity higher to…
It made intraday high at 110.76 and low at 110.51 levels.
Intraday bias remains slightly bullish for the moment.
A daily close above 110.55 will take the parity higher towards key resistances around 111.05, 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
On the other side, a sustained close below 110.55 will drag the parity down towards key supports around 109.96, 109.36 and 108.34 levels respectively.
Tokyo's nikkei share average opens up 0.26 pct at 22,420.67.
Japan Aug 2018 Nikkei manufacturing PMI flash increase to 52.5 vs previous 52.3.
