FxWirePro: Japanese yen trades slightly lower as flash manufacturing PMI data misses expectations
USD/JPY is currently trading around 111.34 marks. It made intraday high at 111.38 and low at 111.22 levels. Intraday bias remains neutral for the moment. A daily close above 111.30 will take the parity higher towards key…
It made intraday high at 111.38 and low at 111.22 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.30 will take the parity higher towards key resistances around 111.84, 112.62, 113.79, 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 111.30 will drag the parity down towards key supports around 110.65, 109.27, 108.32, 106.72, 106.03 and 104.96 levels respectively.
Japan’s flash June manufacturing PMI falls to 52.0 from 53.1 in May; new orders grow at slowest pace in 7 months.
