FxWirePro: Japanese yen weakens against major peers despite higher than expected manufacturing PMI data
USD/JPY is currently trading around 117.38 marks. It made intraday high at 117.85 and low at 117.01 levels. Intraday bias remains bullish for the moment. A daily close above 117.03 will take the parity higher towards key…
It made intraday high at 117.85 and low at 117.01 levels.
Intraday bias remains bullish for the moment.
A daily close above 117.03 will take the parity higher towards key resistances around 118.24 and 120.04 levels respectively.
On the other side, a sustained close below 117.00 will drag the parity down towards key supports around 114.77, 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s December Nikkei manufacturing PMI flash increases to 51.9 vs previous 51.3.
